Now, my Banshee front shocks seem to squeak pretty loud when moving up and down.

Is WD-40 ok to spray around the shocks, or do I need to lube with some oil of some sort?

 

I WOULD GREASE ALL THE A-ARM JOINTS UP FRONT AND SPRAY WD40 ON THE SHOX. I SPRAY IT ON MY REAR SHOCK ALL THE TIME, I DONT KNOW IF ITS EXACTLY THE RIGHT THING FOR IT BUT IT STOPS THE SQUEAKING AND HASNT HURT THE SHOCKS PERFORMANCE. MAKE SURE THE JOINTS ARE ALL GREASED UP TO AND U SHOULD BE GOOD FOR RIDING.

 

apply some lithium based greased on the shock mounts and joints.