Deoxit is a mix of contact cleaner and protective coating. For a lot of cleaning (like in this case, sockets) I tend to use straight contact cleaner (much cheaper) or iso alcohol, while the protective coating from deoxit is more recommended for potentiometers because of the friction of moving parts and other materials inside like carbon. Cleaning will strip out both gunk and the factory oils so its recommended to replenish where its designed to be.
If you're cleaning with alcohol I dont think you'd need to wait that long, it dries up in seconds if not wiped down
If you're cleaning with alcohol I dont think you'd need to wait that long, it dries up in seconds if not wiped down