A search indicates this option is mentioned upthread, but I didn't find much detail.
I dug out an old Maglite 2D over the weekend that was in dire need of lubricating (surprisingly loud squeal from the threads).
I don't have any Nyogel on hand, but I did have a packet of "bulb grease" from the local auto parts store I've previously used on headlight bulbs. Everything I can find suggests it falls under the category of "pure silicone grease" as suggested in the first post, so after cleaning the threads, I gave it a try.
It did the trick. Noise and harshness was gone and the tailcap spun on very smoothly. This stuff is cheap, and more importantly, easily available, so it seems like a good option.
The MSDS for the specific bulb grease (Permatex / Versachem) I used indicates the composition is as follows. I looked up the three substances and noted what their function appears to be. Exact percentages are withheld as "trade secret," although the listed numbers indicate the first ingredient is actually 88-96%.
60-100% POLYDIMETHYLSILOXANE (the most common silicone oil)
3-7% MODIFIED SILICON DIOXIDE (I'm guessing this acts as a thickener)
1-5% OXIRANE, METHYL-, POLYMER (surfactant - might either help ensure the silicone oil and silicon dioxide don't separate, or might help the grease seal out water)
I tried to look up Nyogel 760g for comparison, but their MSDS keeps all the ingredients secret.