I've used 4 parts zircopax to one part kaolin, and 3 parts zircopax to one part kaolin - they both work fine. If you want to really get tricky, use rigidizer (colloidal silica) instead of water. Easy to apply to rigidized kaowool, and once it fires up, it's reasonably durable.
Remember, your liner is a consumable - you will end up re-lining your forge eventually.
No, you're not wasting your time.