In 1949 my Uncle bought a brand new Ford, and before he took it home he had MMO installed and when he reached 49.0oo mile he pulled the heads, and there was not wear. So it must work. His oilere had the metal can, and I had one on a '34 with a glass can, that was when I was a teenager so cant say what it did in lubing my engne, as I would adjust the metering to my own making.
Bill D