I'm on the Zinc side of the fence.
I was using an older Rotella 10/40 oil but switched to Valvoline VR1 Racing/High Zinc 20/50
High performance formula for flat tappet engines
"am I looking for trouble"
Valve train wear may or may not take a while. How many miles do you drive it a year? Some off-shore sourced parts (valve adjusting screws) can fail in a few weeks no matter which oil is used.
50's, 60's & some 70's motor oil used to contain zinc (& phosphorus) to help reduce wear at the high stress pressure points in the valve trains of older engines. But with the advent of unleaded fuel, catalytic converters, hydraulic and roller lifters... the zinc & phosphorus wasn't as needed and it contaminated emission equipment... so it was removed.
I think of high Zinc oil as insurance. Might never need it or know that I did, but I don't want the cam to go flat either.
More info at this link... https://www.ctci.org/engine-oil/
.
some say youneed to add oil with zink in 50-60s' engines others say no
so far ive been getting away with bargain brand multy grade 10w30
am I looking for trouble
The ZDDP was not completely removed. It was just reduced. The higher performance engines of the late 50s through the early 70s needed 1200 PPM of ZDDP for better longevity of flat tappet valve train components. The first reduction brought the levels down to 1000 PPM and further reductions reduced it to 800 PPM so it's still in there but at a reduced amount.
Anything more than 1200 ppm starts to become detrimental to the engine parts. This was where the API set the limits for good reason (for automobile engines). ZDDP has corrosive properties so don't get too carried away with it. Most diesel engines have larger & heavier duty parts than car engines so they did use higher amounts. The latest API CK-4 rating has reduced levels of ZDDP. Some of them are skirting the API CK-4 rating by listing the engine protection test results. They don't pass for that rating yet but if they eventually do then they won't have much more ZDDP than car engine oil has. They will just use other additives like they have for years. Diesel truck oil is overkill for most automobiles. The stuff helps with the high perfomance engines that started to show up in showrooms in 1958 but the earlier designs really would only need it for initial break in. After that, they would work just fine. The old flatheads don't need it at all. Rompum stompum engines with high compression and high lift, flat tappet cams will be the only ones that benefit from high ZDDP levels. Roller cams don't need high levels.
80's oil had less than 800 PPM
Go here for some facts
https://www.ctci.org/gilsgarage/engine-oil-part-2-engine-oil-and-zddp/