I'm curious, recommended for what application?
Personally, I've always thought of it as the Fram of bicycle greases, overpriced for what it is (green automotive bearing grease).
For bicycle applications I've always used cheap, auto bearing grease for applications where performance doesn't matter (bolts, seat posts, etc), and Krytox for the important and expensive stuff like bearings.
I couldn't imagine using Krytox in automotive applications, unless you're racing--and on an unlimited budget (or someone else's dime...) It's just way too expensive.