Same here, actually used it for a whole race season. Precoated and self-initially-coated. Hated the build up of wax in the pulleys. Performance wise really not impressed. Would run dry/loud very quickly. Not very lasting in comparision. Even when used very liberally. There are so many good lubes out there, this one is really not worth the hassle.
But this was just my experience. These days I simply ride a new chain for a few hours until the factory grease has been pressed out. Then I apply Rock’n Roll Gold. Simply does the job with minimal hassle.