I just did some of my ratchets this weekend using Super Tech (Walmart) high-pressure grease. I think this stuff is similar to the infamous Red Lube but I'm not sure. I did a Williams 1/2" Superratchet, 2 3/8" Eascos, a Craftsman Flying V 3/8", an SK 3/8", a Husky 3/8", a Crescent 1/4", and a Stanley 1/4".
All the guts and ratchet heads got a turn in the ultrasonic cleaner, then rinsed, lubed and reassembled. I used aerosol Super Lube on the detent balls. They all work fine, though if I had to do it over, I'd probably use a lighter grease like Lubriplate. Oh well, I'll probably lube them again in 15 years or so. I'll use it then.