Yes and I think it is overkill but this is a thread for keeping this top enduring as long as we own the convertible. Realistically it need not be done but I have done it as added insurance. Wurth is the best product for that application but the other two work well too but don't last as long especially WD-40. All of my convertible BMWs back to my E36's have the same type of latch and this is easy to do so why not. I have never incurred a system failure on my E36 convertibles because I am guessing that over maintaining it helped.
I just sold my M3 convertible 98 model with 284K miles and the new owner is very happy with a fully functioning top.
Hope this help...