Hey everyone -
This is many years late, but in case someone searches (as I once did) for info about oxy-san on google and comes across this, I thought I'd weigh in:
Oxy-San seems to have been developed for the Milk industry, and is a mixture of two different chemicals that break down in solution to form a 5% Peracetic Acid, 22% Hydrogen Peroxide, and 10% Acetic Acid solution.
Typically, use for homebrewing is 1tsp per 1L of water. It is a no-rinse sanitizer which is extraordinarily effective, and apparently (from the man at my LHBS) sanitizes in as little as 10 seconds. This means that
the primary advantage of oxysan over star-san is that you don't need to immerse things in a tub of solution on order to sanitize them. My experience with the product bears this out: I usually rinse bottles and carboys by filling with only about 1/4cup and 4 cups (respectively) and shaking for 10-15 seconds.
I have never had any problem with sanitation, and have been using oxy-san for about a year now.
The main disadvantage is that it requires vigorous mixing to properly dissolve the crystals in to water to form the solution, and it
becomes inactive as a sanitizer after aprox. 12 hours.
Hopefully this answers some of the OLD questions posted on here, and some questions people stumbling on this more recently may have had as well!
I'll continue to use OxySan until my LHBS stops carrying it.
Best,
-Tyler
Two websites about OxySan:
http://www.ecolab.com/Europe/markets_served/dairy_processing/p_p3_oxysanzs.asp
http://agrocheminc.com/content/view/13/25/