My tools - all of them, including the Snap-ons, MACs, S-Ks and the Craftsman, etc are always wiped totally clean of any crud, and if they got wet somehow, a shot of WD-40, then a good wipe down. They are either lined up by size in a drawer or in the case of my Sears stuff, hung, again by size and/or type on a pegboard. Beater tools - I don't buy junk from Korea, Taiwan, India or China, etc unless it's a unique, single use, never to be seen/used again. I'm not anal enough to polish them.......
I also NEVER lend tools to anyone without me being attached
Dave W