I gotta agree with Easybuy2000 on this one. I'm an electronics person and have been in the electronics manufacturing field for many years now. My basic soldering started while I was an electronics technician in the U.S. Navy and I've been refining my technique since then.
I work in a design lab for a major semi-conductor manufacturer and spend a lot of time soldering and do many jobs that other people say cannot be done by hand. Soldering the X-Chip on my 1.6 box was one of the least challenging projects I've done for a while now.
I use a couple of the cheapest Weller solder stations. The tips on them are going on three years now, but there is a bit of rotation going on becuause I frequently swap out tips for different sizes. It has never even occured to me to abuse the tips by rubbing them on steel wool. Actually, I don't even go as far as Easy goes for tip maintainance. I turn the iron on, wait for it to heat up, and swipe it across the wet sponge. I look at it then, and if it needs it, I'll tin it some more. Usually it doesn't.
If it gets kind of funky, I dip the tip into some tip cleaner. After it's done, it gets the wet sponge again. It frequently gets the sponge. It is a habit for me now; grab iron and wipe on sponge. I go through a lot of sponges, but I've never lost a tip or heating element.
Before I turn the iron off, it gets a generous coating of solder. After I've rubbed it on the sponge, of course.