I have used mole skin on my rests in the past with awesome results as far as sound....just make sure you have fletching clearance.

I use electrical tape to quiet things down. Cheap and it works.

What kind of wax are you guys using for the aluminums?

Havent used wax but I have used vasoline and even KY=jelly on my shaft.
ARROW shafts, for you jokesters.[]
Seems to work well and i even put it on my broadheads to fight oxidation and aid penetration. (Dont know if it actually helps the penetration.)
Alright, I hear ya' ll snickering out there. I' ll just leave now. Got some arrows that need lubricating.[:-]

I use camo Mole skin on my trophy taker. I cut a piece about 3/4" x1" and fold it over the forks of the rest, to sandwich the rest . I then cut a " V" there the metal " V" is. I can draw any arrow across the mole skin with out " ANY" noise. I do replace the mole skin when it gets real wet because the felt of the mole skin comes off the adheasive. Be sure to retune when putting new mole skin on as you can rearly get it on the same twice.

what kind of wax are you talking about for carbons? just regular car wax or what?

I just used regular car wax. Zymol to be precice, but that is kind of pricey if you don' t really care about a show quality finish on your arrow shaft.

I would think turtle way, rain dance or just about any other paste wax would work just fine.