This topic intrigued me, so I just got off the phone with a dude working over in powertrain here at the Tech Center.
The contract for oil is Valvoline for 03. There is no difference from what is in the 5.3 as what comes off the shelf at Walmart....except one comes in a barrel, the other in a quart bottle.
"Break in" oil has not been used in quite some time. I cannot remember specifically when it was phased out, but I know that as early as the late 80's it was getting phased out. Normally, non-detergent straight 30W was used as it was the absolute cheapest. The reason for it was that the oil was to be changed rather early (usually recommended at 500 miles). Mostly to accomodate for the various trash that was in the motor when built and to clean up some of the wearable surfaces trash too. If anyone did their own first oil change, they can probably comment to the amazing amount of crap that was stuck to the magnet on the drain plug...which is normal. Exactly why it should be changed so early the first time. I tend to change the second one at 2000 miles, then revert to the normal change cycle.
Now it is simple economics.....it's too expensive to market/refine oils that are only used for short term. The public (rightfully so) are not going to purchase single weight oils as readily, so it is not readily available and not as cheap anymore.
As far as particular brands, there is not really any difference except for marketing. In school I was in a fuels/lubes lab where we compared 5 different organic oils and two synthetic oils. Stressed the living heck out of them with heat, pressure, carbon, etc....all performed equally (organics). Basically, if it is an *SG* rating or better, there will be zero difference from one oil to another of comparable weight.
Synthetic is an entirely different monster. Because it is manufactured, inherently there is little to no difference in molecule size. Everyone remembers the Pennzoil "...ball bearing" advertising. Organic oil, they are all different sizes, synthetic all about the same size. Now picture these little ball bearings inside a .001" journal under load. All your ball bearings the same size, things roll smoother.....all your ball bearings different size, not as smooth.... Less stress on the oil = longer oil life.
I've rambled on incessantly here and off topic....
