Jeff, If you're satisfied with your results - for your own purposes - that's OK - there is lots of testing we shade trees do that is useful for ourselves because we have a sense of the situation. (Although sometimes we are kidding ourselves too, so the nay sayer have a point even if you bristle at the bluntness.)
Here's some things to consider.
Fuel - in most parts of the country, fuel changes with seasons. So even with a feedback looped EFI, winter fuel mpg is generally not as good.
Terrain and idling - The milage in both my vehicles goes in the toilet when traffic is standstill. The hot rod fuel consumption I think of like a boat motor - time running. Mountain sideroads vs interstates makes a difference too, down to around 12+ mpg instead of 14+.
With respect to oil, its worth looking at the actual viscosity at the operational oil temperature. SAE Grade only specifies a range of acceptable viscosity. To get closer to the actual without sending the oil out for analysis, go to the manufacturers spec sheets. Then punch the spec numbers into
Richard Widman's viscosity graphing page.
David R gives some examples in
Oil Wt for Auburn