Yes on the lock tight, always, no on the grease, probably a good idea though...I think what happens is these switches sit for a time and they get stuck from lack of use or lube or they get dirty....I don't think the grease would slow the pin down any, do you guy's think? I need to get some of this electrical type grease anyway. I'm not sure if the fix is a one time thing or not, I fixed mine and used it for a long while[1 year], but I took it off because I wanted to play with the Geo Metro one, there was nothing wrong with it after I did the repair to it, but that sucker sure didn't work when I got it from a guy off ebay, it was the second one he sent me that didn't work..I was not happy with him, because you pay for something that's supposed to work and it didn't after taking it off the bike and having to return it and all that stuff, the second one I got from him I tested first before putting it on the bike, it failed,,but I repaired it... I completely destroyed the first one I had, I wanted to know what did what and how do these switches work so I put it in my vise and messed with it and discovered that it opens up or unscrews, Wow,, I even smashed the back out where the posts are to see what was in there, [curious george], nobody else was gonna do it for me so I did it to find out..Poor switch, it got sacrificed...There is some really good advise I could give on these, buy a new one..ha ha only if it doesn't work for ya..