I know I've mentioned the benefits of coconut oil but I'd like to say a little more. Before I tell you much about it let me defer to a couple of websites. They are so full of great information and are much more thorough than I could achieve.
The 1st website I have read is here. It lists the major benefits of eating or using coconut oil.
Another site that I feel has a lot of the same information, as well as some new, is here. You'll need to scroll past the advertisements to get to the good stuff.
Something else that has to do with coconut oil is called "Oil Pulling" or "OP". Here's a link to a site that describes that very well. Read the Introduction, the Instructions, and the Notes, then scroll to about 1/3 of the way down the page to Sandy's Oil Pulling Compilation for a list of oils and their benefits (as associated with oil pulling).
To summarize the information that's listed on the benefits sites I'll tell you this: coconut oil is comprised of Medium Chain Fatty Acids (MCFA) as opposed to the Long Chain Fatty Acids (LCFA) found in almost every other fat or oil, so our bodies process coconut oil in a way that is much different from almost every other fat or oil. This has many benefits for weight and cholesterol management because our bodies process it as energy rather than fat to be stored.
Coconut oil is also known to be anti-viral, anti-fungal, anti-bacterial, it works as an anti-inflammatory, and is also high in anti-oxidants. This is not to be taken as a cure for anything, but can help your body prevent much sickness and disease.
You can use this oil on your hair, on your skin, and I even use it on my face. You can use it on an owie too, I got on a blister on the back of my heel while mowing the lawn, I put a little chuck on there, covered it with a bandaid and went to bed. The next morning it had healed right up. Never had to feel it again. The spot was still there, but it was pain free! There is no limit to what you can do with this wonder food.
Coconut oil can be used for cooking, obviously. I use only coconut oil (or real butter) when cooking because it has a high heat tolerance and when heated does not become a carcinogen. Other than real butter, all other fats/oils become toxic when heated. When you smoke a cigarette, you are inhaling carcinogens, these are cancerous, and any oil other than coconut oil or real butter has these same properties. I encourage you to use every other kind of healthful oil you can find, and to put it on your food, but do not heat it.
Coconut oil can be eaten in place of butter, with a little added salt (I like Himalayan) it will taste no different. I love butter and have not missed it a bit. I would miss coconut oil everyday if I didn't have it. Just last week two little gals were quite impressed with how delicious an egg becomes when fried up in a little coconut oil and topped with a dash of pink salt!