Been waxing for a while now and here is what I learned:
Likes:
- clean drivetrain
- less expensive compared to wet lubes
- easy to swap chains
- I use an oven cake pan from .99 cent store & heat the wax on a stove. I know its a petroleum product and can cause fires.
- my chains/cassette last longer
- I don't have to clean my drive train after a ride. Just a quick wipe
- KMC missing link is $13 for 2 reusable links and fits any brand
What I don't like
- the initial chain clean takes a while. I use the Oz Cycle method so an 8-hour soak
- quick links... I've had some issues where the quick link is fine, but the chain link next to it breaks
- my drivetrain gets noisy around 150-mile mark and for me that is about a week to a week 1/2 to re-wax. Just got some Tru-Tension wax-based lube for when I don't have time or don't feel like re-waxing or taking a trip with the bike
- most of all -- on wippermann chains I keep losing the roller next to the quick link, but no big deal. Also, just switched to shimano chains and they are so much less noisy.