This question about chain maintenance during touring raised this question.
This tip sounds unintuitive, of course, I know that the extra lube will attract dust (not good to chain) but I have paid for the lube. My biased view is that when I just ride fast enough it will just fall off because I use liquid Teflon lube but I don't want to limit this question only to Teflon lube.
Please, tell me should you really wipe extra lubricant from your chains?
How should you wipe it? Is piece of WC-paper enough?
What does the term
to wipe really mean?
Do you wipe things similarly with all kind of lubes?
Please, note that there is a huge variety of lubes, more here.