I, too, used cosmoline (just like we used to use with the K-Bars we had for dive knives) and didn't have any issues with it rusting up much.
Nothing attached - the plastic scabbard is wrapped with 550 lb test OD parachute cord - deadens the tell-tale 'clink' you get when the plastic hits a rock or something and also gives you a good 8' or so of usable cord.
All the pryotechnics are gone from my harness. 
Richard 
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“Sometimes the Bible in the hand of one man is worse than a whisky bottle in the hand of (another)… There are just some kind of men who – who’re so busy worrying about the next world they’ve never learned to live in this one, and you can look down the street and see the results.” - To Kill A Mockingbird (Atticus Finch)
“Almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so.” - Robert Heinlein
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