I just pour on some heavy gear oil (80 wt or more) as the bike sits in the driveway on the centerstand idling in 3rd gear... it's kinda smelly and sticky, but the chain sure seems to like it, so I don't really care. I don't worry about washing my already black wheels too often, and the inside of the chain guard collects most of the rest of the excess. (ther than what drips off into the driveway, or flings off during the first 1/2 mile of riding)