If you examine the assembled caliper, you'll notice there is no seal to keep water from behind the brake pad. Anywhere that water can get to behind that pad needs a thin coat of DCHVG.
The Brake Parts Assembly Lube I have, came from two places. The oldest from Mckay, and the newest from Raybestos (BAF-12, if memory serves).
I put some assembly lube in the seal groove; enough to wet the surface, and smear some on the rubber seal before putting it in the caliper. The caliper housing bare aluminum, gets the thin silicone treatment from the seal position outward toward the rotor interface. I estimate how much of the piston will be exposed outward of the seal and apply a thin coat of DCHVG to the piston that will be exposed outward from the seal, before it is inserted into the caliper. Insert just enough to get the forward edge into and held by the seal, it'll find a deeper position once the brake pad is inserted. (I'm assuming the piston is metal, I don't think the Phenolic types need the silicone coating)
Put a thin coat of DCHVG on the friction pad backing steel, too. Don't forget the caliper stationary side behind the brake pad gets DCHVG as well.
The caliper piston and pad will find final inward position as the caliper is assembled onto the rotor with the two big bolts. You would like to avoid getting the silicone past the piston seal and into where the DOT3 lives in the caliper. It probably takes longer to read this than actually do the assembly process.
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FYI: I did the oven test on both Sil-Glyde and the DCHVG in the early 90's, I think. Sil-glyde failed miserably. The Dow corning stuff seemed to get a little shiny at very High temps. Otherwise, it was completely un-phased by by 500F oven. I remember thinking that it may have been from another planet.
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Cheers,