Toastmaster gearbox lube?

[fcgadget]

Just got an old Toastmaster Home Shop multi tool....opened it up and removed the fairly hard orange grease and replaced it with some moly I had for my cars.
Big mistake! it started smoking within 30 seconds.
This is not a 'sealed' unit, just casting to casting, so oils aren't the answer.
There are several "high temp" "high speed" greases out there...WD-40 and Wolf's Head red

would these work, or is there a better answer?

 

[Cadillac]

Did the bearings get over packed? A bearing should only be 30% packed with a no. 00 grease or no.01 wheel bearing grease is usually a no.2. Kluber is a well known spindle bearing grease.

 

[benmychree]

What does this "deluxe home shop" do?

 

[fcgadget]

What does this "deluxe home shop" do?

supposedly a lot, but it is pretty small and lightweight. It's set up as a jigsaw, lathe, saw, yadda yadda
I picked it up to play with

Yes I probably did overpack it and will try it with less while looking for some spindle bearing grease

 

[fcgadget]

removed lots of the lube, tried it again and whadda ya know...works great! Thanks!

Don't know how useful as a lathe...it's pretty fast at the lowest speed. But the grinding/buffing might be worthwhile.