Is there such thing as a good lifter?

I'm no machinist, but I would have thought soluable oil would have been more appropriate than wd40 as a cutting lubricant? Walk into a machine shop, and the place stinks of it. (I quite like the smell, it reminds me of freshly machined engine parts)

Edit, @ that LA-Phant video
I'm pretty sure that tool needed to be resharpened when they were done with it. Way to fast with what they were using. WD40 is not a cutting fluid for steel, might as well been pouring water on it. Dark cutting oil for black pipe in the plumbing isle at the HW store would have been a lot better choice and it really should be a flood, not dabbed on every five seconds. Bottom line, if a reamer is smoking, you are doing it wrong.