But I noticed the article is dated from 2004, and wonder if it out of date?
Chain technology has not changed much, and bicycles are nowhere near the forefront of it.
Take a look at the new Trek District bike which has a carbon fibre composite drive train and needs no lubrication. I saw it last time i was in my LBS and the owner thinks that bikes like this could be the future - especially for winter bikes.http://www.trekbikes.com/int/en/bikes/urban/district/district/
The best tip I can give is to wipe it well with a rag after each ride then re lube and wipe off the excess oil (You shouldn't be able to see oil built up on the chain). Mine run fine and it only takes 2 - 5 minutes, depending on how careful a job you do.