If you want cheaper, then just get a aluminum scuba tank. It'll be heavier, but a lot less expensive too. You can fill them to 3300psi. You just sacrifice the amount of refills in each tank full, but still be portable.
I initially used the wrong grease, which led to it siezing and blowing some fuses at about 20 hours, and an early first rebuild at 75 hours.... The next time it went about 100 hours, and the last time about 125 hours.... I'm a long way from a SCUBA shop and even further from a paintball fill station (3 hr. and 5 hr. round trips respectively).... so for me it was the perfect solution....
What is the right kind of grease ?
Slow is relative. In 1 h with the F8 (2h with the standard model) you can take a GW from 4000 to 4500. That's a LOT of Marauder shooting... Turn pump on, go have dinner, go disconnect the pump because it's done. Very convenient. Much moreso that driving somewhere that can't fill to 4500 psi and has business hours when I'm working for the most part...
I looked at this shoebox compressor. IMHO its ludicrously slow, HOURS to fill and many times needs to be shut down to cool before its finished further lengthening the time to fill...I could see this if someone was too far from a better option. Filling from a fire dept, air supply or scuba store mush more desirable. (If available)CW