Interesting idea. Need more discussion.
Indeed. I can't find much information about doing this (theory, pros, cons, what type of "wax", etc).
I think the biggest thing your accomplishing with waxing, is cleaning your fork tubes.
But, the additional smoothness may be good for the fork action because of less stiction?
I assume the wax doesn't stay there very long with seal rub and the oil that gets on the tube? {after it moves thru the seal}
It could help seal surface irregularities that will then help prevent dirt/dust/contaminates from sticking. This would help to keep them clean or at least easier to remove contaminates when actually cleaning. Or it might contaminate the seals. I don't know.