Thanks everyone. This batch turned out well, but it is HOT <img src="/ubbthreads/images/graemlins/eek.gif" alt="" />.
The Olive Oil was advised against as adamlau said, because it will go rancid. I googled "food grade mineral oil" and read a lot of conflicting information. I'm not sure what to do at this point - I may just leave the blade "nekkid" and check it daily.