I have this product called "Krylon - Contractor grade lubricant" it's essentially just micronized Teflon used as lubricant... should I not be using this stuff?...
As long as you're not ingesting it and use proper masking then you should be fine from my understanding. If I remember correctly the main issue with Teflon was how often it was used in pots and pans.
Mix that with improper use, and it can cause flaking of the Teflon. Things like stirring with metal utensils instead of wooden ones lead to many people ingesting a lot of the stuff.
Edit: realized it can be aerosolized and added that use of a face mask would likely help any additional problem brought on by that.