Good statements all! I now use Mobil-1 exclusively in my engines. I used to use Castrol, but my stealth has cam followers (not lifters)They are supported on one end by a hydraulic piece that works very much like a lifter. Bottom line is that these tend to make a lot of noise if there is any issue with the oil. Mobil-1 works the best, hands down, in keeping my valve train running smooth and quiet. My only issue is that in the winter, I wonder if the oil viscosity goes up enough in my engine. It tends to be noisier, not because it isn't getting oil, but, I think, because the engine doesn't get hot enough to thicken it up. (I can see a notch or two more oil pressure when I am at interstate speeds with A/C on that reflects the multiviscosity nature of the oil.) I have considered blocking some of the radiator in winter.
In the transmission goes Red Line, period. Again from my days with the 3SI, the Getrag transmissions in the twin turbo, all wheel drive cars has some real issues, especially with synchros, and Red Line was "THE" fluid for those by unanimous decision. I figured that if it was the best for problem trannies, it should be great in others as well. Red Line makes several grades, so the proper one for your tranny should not be a problem respecting Chris' comments.
That good enough for jets theory got me into trouble with silicone brake fluid. I used that rationale and the stuff turned brown within a month and the spongy pedal was more than I could deal with. When in doubt, follow Chris' advice: go with the spec!