I used to work in a metal fabricating factory many years ago, and we used 'trike' in a vat as a degreaser for metal objects. It was out in the sticks and poorly run, and the trike vat - which was heated - regularly overflowed. Anyone in the immediate vicinity would pass out, or become dizzy and appear to be drunk. If one had consumed alcohol the previous night the effects were much worse, and I remember reading of several murders involving subjecting unconscious drunk people to trike fumes by placing a trike soaked rag over their faces.
There is a recognised symtom - 'degreasers flush' - a skin rash that was common among metal degreasers who also regularly consumed alcohol. Increased rates of liver and kidney damage and cancer have also been reported among people regularly exposed to trike.
As Roger says, though, using small amounts in a well-ventilated area now-and-again is probably perfectly safe.
I have rescued a few old shutters by removing the cells and soaking the shutter in lighter-fluid. The small lighter fluid cans also have a nozzle which can spray a thin stream of liquid to dislodge small particles. The amount of dust, grit and metal filings that sometimes comes out of an old shutter can be quite surprising. The hazchem info on the cans is a bit alarming, but these days it seems like everything is out to get you!
Like you say, Westley, I have noticed that after drying the mechanism sometimes binds again, in which case I apply a tiny amount of 'nyoil' (gun oil) to the pivoting parts of the escapement, which usually does the trick. Only a tiny dab is necessary - the tiniest drop from the end of a needle is enough. If you have to oil much more than a few gear spindles, though, the shutter is probably too worn to repair by a DIY-er.
Regards,
Neil.
PS: The fastest and lowest speeds of most old shutters are usually way-off.