I'm doing some service work on mine and drained out all the old stuff the previous owner put in (Red Line, heavywieght! stuff is "blue" colored) and
(snip)
Somehow, the previous owner got the wrong Shockproof product in that rear axle. If the lubricant was blue, it was Light Shockproof. Use of Light Shockproof in a Corvette axle is
not advised at this time. While there is reason to believe Light can be used in road car rear axles, no significant testing has been completed to support that. The proper product in the Shockproof series to use in a street-driven rear axle is Heavy and it's redish-pink in color along with being somewhat more viscous.
I'd be interested to know the mileage since the fluid was last changed and how the rear axle was performing.
Now, the question: why use a synthetic? One of the C4 rear axle's weaknesses is temperature. It's in a place that doesn't get much airflow and it's sitting above the exhaust. In fact, a common modification for endurance racers is a rear axle cooler. For street high performance use, a synthetic rear axle lube is more tolerant of high temperature and high shear, both conditions that occur in C4 axles. The Shockproof is even better because its extreme pressure additive package is primarily calcium-based rather than sulfer based and works better. The Shockproof line was originally developed for one purpose: to improve ring-and-pinon durability in off-road race trucks. The shock loads to the gears when the trucks get airborne is significant.
I've been running tests on Shockproof in road cars for about five years. In one test, using a pick-up truck, the rear axle lube (Heavy SP) went 100,000 miles with no change. Spectrographic analysis showed little metallic residue on the lube and way less than would be expected at that mileage. It also showed the lube itself was in good condition. Visual inspection of the gears showed the same. I've also run it to 46,000 miles in a SUV front and rear axles and to 32,000 miles in a ZR1. With the ZR1.
I use Heavy Shockproof in all my rear axles that are in high-performance cars and trucks.