Greetings from the Middle Kingdom!
Actually... No one can really give you a perfect answer other than the sex Toy manufacturer. All we can give you is our personal opinion and experience.
I don't know if you have gotten the chance to read my Love Balm review (on my iPad and I do not know how to copy and paste links..... Oh! Rosie!! Can you link it? Merci buttocks!) but since I received my Love .balms which are just cold pressed virgin organic coconut oil, some essential oils and some vitamin E.... I will never go back.
If you have looked at some of my reviews, my toy arsenal mainly has Fun Factory, Jopen, Lelo and other luxury line vibrators and glass dildos, wood, steel.... And I now only use coconut oil lubes. I even started making my own coconut lube as well.
I have never had a problem with the silicone while using coconut oil straight from the jar (was too lazy to get my jar of lube so just used the one I use for cooking), I find it longer lasting and less irritating than any other 'organic' lubes out there. I prefer it over any anal lube on the market and my body responds better to it. I find my vagina feels healthier after using it as well.
Sounds strange I know!
For use on toys, the only draw back I've discovered is that all my toys take a little longer to clean. I've not noticed any problems with the quality of the silicone or anything like that. There has been no degradation of any kind that I have noticed. The only issue I've had has been with my Jopen vr2 where my use and juices get stuck in the little recharging port and it takes some effort to clean.
I must say, I do not know how coconut oil as a live would work on non-luxury line toys.
If you have any questions about using coconut oil as a lube or have any questions about some
lube recipes let me know by pm as I do not look in the forum unless someone tells me to look.