I have a Woodmaster and I drain the system every spring and add new water, then fire the burner up one more time and add 1/2 gallon of new water treatment. This is what Woodmaster requires for yearly maintenance and after 3 years the steel that is visible through the vent is still bright and shiny and shows no corrosion.
After the last burn I cover the stack, wash the outside of the OWB with Purple Power or Castrol Super Clean to remove the stains and let it dry. Then I clean out all the ashes, scrape off the loose creosote, then I take a metal coat hanger and straighten it out and put one end in my battery drill and let the wire bounce around and knock the loose soot off the tubes on top of the firebox, then I shop vac all the loose stuff out of the OWB. The final thing I do is spray the inside of the firebox with a mixture of motor oil and diesel fuel to coat the metal, and I take an oily rag and wipe down all the black metal door parts. It takes about an hour to get all this done and seems like a good investment - it is the only real maintenance that the OWB requires all year.