OK, so I'm answering out of real world ignorance. That is to say, I read a book once...
Personally, I'd start with the PB Blaster. Maybe a day or two before I started the project. But I'm basing that on experience with other things, not Hood furlers.
Instead of white lithium grease to hold in the balls, I'd give it a go with shaving cream first. I know that will rinse out easily. And even if that doesn't work, Barbasol is cheap.
Just some random thoughts. Hope this helps.
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