Yes Wheel Bearings!!!!!!
The Neverlube is a sealed wheel bearing and cannot be lubed. The hub is different and will only accept a Neverlube bearing. If I remember correctly it is a rather large double tapered roller bearings.
http://fl.b5z.net/i/u/6149609/i/NRL-03.jpg
The EZ lube has a zerk on the tip of the axle, under your "hub cap" generally you can access it through a rubber cover in the center of the cap. The lube enteres the tip of the axle and travels through the hollow axle spindle and emerges behind the inside bearing just ahead of the seal. from there is migrates back through the bearings, hub and out of the hub just under the hubcap. In this manner you can see the old oxidized grease emerge as you pump grease through the zerk. If you use a bright red grease or some other distinct color like purple, or green (boat trailer grease), you can tell that the oxidized grease has been somewhat purged when the bright color grease shows. IMHO you must grease the EZ lube a small amount on a frequent basis in order to move old grease out of the system. Unlike hand packing a conventional system or EZ-lube, there is an advantage in that you start off with clean fresh grease throughout the system, it ages, then it is replaced again. IF you use the EZ lube zerk, and never hand pack you will have an average quality of grease on a consistent basis, as some has been in the system aging, and some is new, when adding grease to the EZ lube the oldest grease will be the first out (FIFO/first in first out).
http://www.theoempartsstore.com/images/T/20545IEU-dexter-ez-lube-endunit-01.jpg
Each system has it advantages depending on your preferences. Nothing will prevent you from having to raise your wheel and to the pull and shake test on your wheel and hub, you never have to lube the Neverlube, so just forget about it, and do the pull and shake test from time to time. It might last for the life of your rig, but it might not, hubs and bearing get mighty hot in some conditions and heat is the enemy of bearings and seals.
Hand pack if you are a stickler and you have the skills or can learn the skills, and you have the inclination to do it. There is a lot of RV ZEN to be had lubing your bearing by hand. It is probably the best unless WE owner's induce a problem by performing the maintenance.
EZ lube, you can pump a few squirts in on a frequent basis, and in this manner you put in new grease and purge the oldest grease, but your grease is going to seek an average "condition", Your grease will never be clean but it will always provide good lubrication.
OR you can use the EZ lube zerk and technique, and hand pack in the off season, which in the end sounds like the best idea, as I said before, the hand pack allows inspection, and preventative maintenance.