My favorite "crazy" doctor at nutritionfacts.org did a video recently on coconut oil (http://nutritionfacts.org/video/does...clog-arteries/ -- also search for coconut oil if you want more info). The conclusion was "moderation" on this one -- seems to have some benefit, but it may also have cholestorol issues.
That said, DH has been using coconut oil as a butter substitute for some recipes. We lean vegan and we've been trying to vegan-ize our recipe box. Canola oil works for cookies, but not always. Coconut oil has expanded our set of recipes that have become 100% vegan. That said, unlike the canola oil substitution recipes, we try to limit the coconut oil recipes.
2009 Waterford RS-14 S&S Couplers - Brooks B68-Anatomica - Traveller
2008 Waterford RS-33 - Brooks B68-Anatomica - Go Fast
2012 Waterford Commuter - Brooks B68-Anatomica - 3.5-Season/Commuter
2011 Surly Troll - Brooks B68 Imperial - Snow Beast