The market isn't as limited as you might think. There are still a lot of new mechanical watches being sold today. Then there are the collectors of vintage time pieces that like to keep their watches in running order. You're right about the amount of oil a watchmaker needs to buy. I have been servicing/repairing watches for over ten years now and haven't emptied a quarter ounce bottle. Below is a link to a thread about watch oils. Might make interesting reading.
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Today's Featured Article - Fordson Model N: Field Service Operations and Lubrication - by Anthony West. The daily or weekly servicing of any vehicle is of the utmost importance, and in days gone by when our favorite tractors were doing an important and Commercially vital job on the farm, these service operations would make a major difference to the running costs and economy of the farm. This being so, it surprises me to see how many enthusiasts attending rallies, shows etc, seem to be unaware of the importance of this constant attention. Possibly the modern machine with its 6,000 mile or even once
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