I just let them drain in the bath after use and cleaning, then leave them near a ventilated window. If I'm not going to use them for a bit or have to hide them, I cover them in corn flour and stash them in a box.
So my postie has just come back with a little package :)
so having now seen it I'd give this advice Shannon - lube it up well (inside), slide it over cock (you could do head only or all the way so his head pokes out the end) and well, you know what to do next :)
To clean I'd suggest turning it inside out washing in hot soapy water and letting air dry. Then store somewhere it won't pick up fluff. Wash again before use.
Personally I'd just use alot of lube (making sure the lube is compatable with the toy so it doesn't corode it) And then just wash it out with hot soapy water after your done and leave it to dry in a well vented place :)