I wanted to let everyone know that we talked to Mr. Larry at Boca bearing about hot sauce and ceramic bearings. Here's what he had to say about it:
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Stay away from Quantum Hot Sauce on the ceramic bearings.The orange seal bearings have ceramic balls, you can run the bearings dry or oiled with out any loss of performance. The ceramic balls are lighter and denser than the stainless steel balls and they have a slight chatter to them when they spin because of the speed of the bearing. By adding a drop of high speed oil it lubes the races and balls and quiets them down. The best way to oil the bearing is to remove the orange seal, add a drop of oil to the bearing and install the seal back on the bearing. Oiling the bearing also increases the life of the races by keeping everything lubed up. If you are going to oil your bearings make sure you use an oil that is designed to be used with ceramic bearings like our high speed oil.
http://www.bocabearings.com/bearing-inventory/13931/highspeedoil-lbt-lightning-lube
Stay away from oils that claim to bond to stainless steel bearings. Since the bearings in the orange seals are ceramic that type of oil will gum up the inside of the bearings because the oil will not be able to penetrate the ceramic balls causing the bearings to spin roughly."
"Hot Sauce is great on wings and fish, but not on ceramic bearings!"