I have tried the Permatex 81950, I wasn't that impressed not to mention it is messy as heck. All my ratchets leaked or bled red goop for quite a while.
I have tried Torco MPZ engine assembly lube. Its the same color as 81950. Didn't seem to bleed out as much. It was a step in the right direction for me.
My favorite and one I still continue to use is Break Free CLP. I use it on my cheapo Cman thin profiles to my F80s. Works great across the board. Not messy, doesn't bleed out for weeks. Works for me
All of my guns and fishing reels get the break free. I have been using it on them for years, this has been the first year or two I have used it on my ratchets. So far
zero problems.
My .02