Well, after a longish evening playing with this stuff and taking measurements, I'm underwhelmed and scratching my head. My first experiment measured series resistance with a pair of 6 ga. ring terminals bolted to either end of a large fuse mounted on it's standoffs. I took 3 "dry" measurements, untightening, rearranging the parts, and retightening between each measurement. Using a DC milliOhmmeter, I recorded values all in microOhms (uOhms): 515, 516, 514. Then I applied silicon dielectric grease heavily impregnated with the Tuball material to both sides of the ring terminal surface and repeated the procedure. This time I measured 514, 514, and 515 uOhms. No change. (Incidentally, the fuse itself accounts for about 470 uOhms of this total amount. Each joint between the ring terminals and the fuse terminals measured about 23 uOhms.) This was really disappointing after what I saw (or thought I saw) in the lab earlier today. I reasoned that maybe there were mechanical problems with the test setup: no surface to compress onto where the most compression is present (because of the geometry of the fuse terminals) might cause deflection that would defeat the benefit of the SWCNT's. The hardware I used earlier today was very rigid with lots of contact area and TWO bolts holding things together.
So I tried another test using a prismatic module endcap, a piece of weld strap, and a piece of flat metal hardware for making a high-power connection to a control board in a starter battery. This employs two bolts that thread into a steel backing plate. Using more or less the same procedure as the previous test, I came up with measurements of 57, 51, and 50 uOhms for the dry parts. Then I treated a large area of the weld strap surface that mated with the other piece of connecting hardware. I measured 62, 53, and 51 uOhms. Again, no real change. Sort of--I found the longer I let the treated parts sit, the lower the resistance would fall. After a couple more loosen/tighten cycles followed by some 45 minutes of settling time, the treated joint now measures 33 uOhms--about a 40% improvement over the dry parts. I seem to recall a similar pattern in the lab earlier today. I need to test settling on dry parts better, but in what I saw today they seem to stay about the same or even increase a bit with time. So, this is a bit ambiguous.
I suppose it's also possible that high current needs to pass through the circuit to make a valid measurement, using voltage drop to indirectly measure DCR. Maybe this makes a difference, though I'm not sure why it would. I should be able to test that tomorrow. I'm finding attention to details is important. The clips MUST be in the same location for every measurement. Moving a clip just an inch further down a conductor can add several uOhms to a measurement. Also, when measuring values this tiny make sure the meter is WARMED UP before you start measuring. This Instek (cheap) meter I'm using was just calibrated, but it drifted several uOhms in the first 20 minutes or so of operation. I took a whole other series of measurements that were thrown out mostly for that reason before I did the first ones I reported here. After that the meter was far more stable (you can check it periodically by clipping the leads together and verifying you measure zero.)
So, if this "settling" phenomenon doesn't turn out to be real, I hope I see something more dramatic when running real current through these joints. If neither of those pan out, I think I'll be ready to walk away. Too soon to give up just yet though.