My '55 has used Trop-Arctic 10W-40 since the car was new. This was actually the first multi-viscosity oil introduced and goes back to 1954. Tore the engine down in 1990 and was super clean with minimal wear. Crank went back standard and the bores cleaned up at 0.020" over. The car is still on that oil today but it's the older rated stuff.Just do a check for the zinc amount in the oil you're planning on using and if the zinc is low, then just consider a zinc supplement to add to the oil. Not all the SM rated oils reduced their zinc levels so you'll have to research this.
And as HotWrench mentioned, this topic has been talked about extensively. Just do a search for 'zinc' on this site and others and you'll have a lot or reading.