Well, good or bad, that's what I used, and for now it seems fine. I have some bee's wax but I've never gotten it to work for anything so for now it stays in the cupboard. Before I forget, I also waxed the fence. So far, so good. Guess we'll see some day when I finish something.
Now don't get me wrong, but seems to me, whatever wax you use, if it dries and you buff it out, it shouldn't make any difference what kind of wax it was? Only way you would get bad wax on a board is if there was any residue around. I know, just splitting hairs here.