The lubrication properties are both very similar but the way they behave/flow is different. This makes it ideal for miniature steam applications especially ones where conventional Wick/felt pads are not employed to draw the oil into the bearings.
Morris 220 Classic Bearing Oil
Model Railway Oil & Grease Lubricants - White Grease, Lite Bearing Oil, Lube Kit
460 Compound Steam Cylinder Oil - Morris Lubricants
CLASSIC MINIATURES CM-3316 KIT BUILT On3 NARROW GAUGE RPM MOTOR OIL TANK CAR KIT
Märklin 34636 Delta Digital Scale H0 Series 460 E-Lok Swiss Life Bn 460 084-7
Märklin Mini Club 88452 Z Gauge 460/465 SBB E-Lok BN 460 018-5 OVP