Go for it!
Back before I was interested in caring for my hair (and in my frequent relaxing days) I used BB oil moisturizer and loved it. Before that I used Luster's pink oil. Compared to luster's it's so much less greasy and lighter weight, it smells awesome, and I remember my hair always felt soft and moisturized. My hair is a spoiled brat now, so I'm not sure how it would respond to it, but I think it's definitely worth a try.