Rust inhibitor

Yes, antifreeze mixed 50/50 with distilled water is the best protection your engine can get from corrosion, lubricate the seals, etc.
I still can't believe that people still fill their engines with straight tap water, regardless of the climate year round......

I used to run anti freeze but the last time my buddy was helping (it was his motor) and he didn't tighten the rad hose clamp and about 5 minutes into the breakin the hose blows off and made one hell of a mess.