I'm don't know what PacBrake's lube consists of, but I'm sure it's up to the task. I just prefer silicone for certain applications, and in this case it's recommended in the owner's manual. Silicone is sold as a gel in a squeeze tube, as well as a liquid in the spray can commonly and easily found at automotive and hardware stores. The small tube extension on the can allows precise placement of the fluid. The liquid carrier evaporates after use, leaving dry silicone lubricant in the joint or area of wear. Other lubes leave an oil residue which attracts dirt to the joint, expediting wear, so silicone is preferable to WD-40 and the like under a vehicle or in an engine compartment exposed to the road. I'm not aware of any harm to electrical wires or parts if silicone overspray contacts them.
Silicone is not a miracle lube, and certainly is not advised for applications where you are trying to penetrate and loosen corroded fasteners or help prevent rust - then petroleum-based products like WD-40 may be the appropriate choice. The Pacbrake lube may very well be silicone based, but if you can't find it easily, a standard spray can of silicone will do.
Nothing changed between your model year and ours, Bill. The steering wheel top blocks most of my idiot lights too, no matter where I position my seat or the wheel. A minor inconvenience, but still aggravating, especially if you miss a critical warning lamp.
-Joel