While I like and use Molykote in several areas on a reg rebuild (it really is waterproof and tenacious, works well on threads to prevent galling or saltwater ingress degradation) I have found it much too sticky for some uses.~snip~
But I took notice of @lexvil's point of making sure the poppet o-rings are well lubricated so it can stay reactive. For everything else I use Tribolube 71 which is for static and dynamic o-rings. Molykote is stickier and might not allow the poppet to react as qickly. Maybe someone knows if that makes a difference?
For example, on the Atomic seat saver assembly it will cause the wave washer to delay compression and air will 'woosh' past the LP seat for a second or so when first pressurising the reg. Tribolube 71 is better there and seems to be much more stable over time than Christolube, which is often found degraded into a thin chalky atomised layer inside a long-stored reg.
Another favourite lighter PTFE-modified silicone grease is SuperLube:
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