Jay, have recently done this job on my Fed collapsible,and used a very small smear of Vaseline--White Petroleum Jelly,as the lubricant on the thread,applied with a cocktail stick.The lens focusses fine,do you think it will be ok in the long term.
Strangely I have just also recalled that when I got my first Zenith SLR and M42 lenses,I read somewhere that the oil on the skin of my brow would be the ideal lubricant for all the threads on the lenses and camera. mounts.I followed this advice,applying the oil with a finger and never had a tight or fouled-up thread.Of course it helps if you have reasonably oily skin😀
Brian,