Let me correct you there, I have applied the M-77 Paste on half a dozen bikes since this debate has started, and pulled the wheels to check them when they had approximately 2-3 months or 1000 miles on the bikes, and found that the M-77 failed completely on two or three of these bikes! And yes, I used M-77 from two different (New) tubes to be fair.
The splines were cleaned down to bare metal, wiped dry, and applied in the correct amount to both surfaces.
One failure turned into a liquid, watery mess, that dripped off, and could be wiped off with one swipe of a towel, while the other two or three dried up and turned into the familiar dust balls that caked up and were found rolling around inside the spline area.
And yes, I kneaded the tube enough to make sure that the "stuff" in the tube was mixed up correctly before applying.
I tested it on my own personal bike as well with the same results.
I have just tested/inspected my second wheel/splines using the Loctite Moly 60, and I must say I am more than impressed!
After 1000 miles, of aggressive riding, heat, and highway riding, the Loctite stuff was not only still on the splines, it looked like I had just put it on and was ready to put the wheel back on the bike.
I don't care what someone says just because they work at a Honda dealership, (sales people are trained to sell stuff) and were told by someone else that this is what we are using/selling now in place of the original stuff, I want to be able to see results first hand, and know what works, and what does not work for me.
I have seen enough damage, printed information, and comments, to cause me to doubt that the stuff Honda is now selling.
The service manual is very clear between the "grease" and "paste" applications, and the M-77 in my humble opinion, should be used on the back of brake pads, as stated by the automotive Honda parts folks, and nothing else.
I'm going to be using the Loctite brand on my personal bikes from now on, and let folks decide what they want to use on their own bikes.