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The WD-40 will slowly desolve the painted lettering on the reels. It's happen to my reel and I discontinued using it for that reason.
This reel was the Shimano Baitrunner series. The higher quality reels may have there lettering baked with the reel's finish.
I"m not going to use WD-40 for any of my reels except the interior or moving components with care not to touch the paint.
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