I worked as a auto tech for a local law enforcement agency for the last 20 years. We ran the Ford CVPI's until the Explorer's replaced them. In 2005 we were starting to have issues with the timing chain tensioners, the slides in particular, wearing thru the plastic and then ultimatley the chain would wear thru the potmetal that held the plastic. I happened to have one apart to do the repair when 3 guys from FOMOCO walked into the shop. They were visiting to look at the undersides of the cars for rust, corrosion, etc.. (We were located in eastern Washington state, at that time rust was not an issue.) One of the guys came over to my corner and asked what I was doing, I told him, the first thing out of his mouth was "what the heck kind of oil are you guys using?" My response was that the boss was old school and insisted on using 15w-40 in everything. The Ford guy laughed and said "use what we recommend, 5w-20, preferrably full synthetic and you won't be replacing these parts again. Oils have changed dramatically since 15-40 was being used." He also said we would have had better luck using Wesson oil than what we were using. He had lots more to say about oils, but what I found out is that the heavier the oil the more likely there will be problems in the valve train. I was told we would be safe to use 5w-30, what Ford recommends for the turbo's, but to stay away the viscosity's from the past. We switched to the 5w-20 and never had valve train problems again on the 4.6's.
At the same time we had a couple of 5.4's with phaser issues, changing the oil to the right viscoity and at 3000 miles solved that problem also. When we started getting turbo rigs, we went to 5w-30 in everything. To this day we have not had anymore valve train issues in anything. Explorer water pumps are a different story...