No. Because the product is acting more like a grease before it become liquid and starts acting like an oil - so it will still protect and lurbicate (just not like an oil). Also, the contact will still be between two FrogLubed surfaces, not between two unprotected surfaces.
Have you tried cycling a FrogLube-treated firearm when it's cool? It will still feel much smoother than most firearms will feel with any other type of lubricant. Now, strip that firearm from all types of lube and compare what it feels like to cycle it dry.
To me a cool firearm will feel like:
FrogLube>Lube>Stripped
Whereas if your concerns were correct it would feel like:
Lube>Stripped/FrogLube
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