Greg Randolph from Bike magazine ran an article about how low budget road pros used Noxzema. Cheap, feels cool, and leaves your asc zit free. I pick up the walmart brand - even cheaper so you can use lots. May need to re-apply on longer rides, but hard to beat it.
Keith Bontrager mixed up his own with vasoline and triple antibiotic ointment mixed together. Tried it. It works well, but can seap through your shorts - leaves a shiny film on your saddle.
Started using it last year after having used Bag Balm, Chamois Butter, and Utterly Smooth. Friction Zone works really well...and it has a cooling effect. I feel it really excels on wet weather rides.
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