let me add to this "old" thread. a multigrade 5w30 will run almost identical to a sae30 when your motor is running at operating temp. the grade of oil used is determined by the climate it runs in, not just viscosity or because its a multigrade.
motor oil has 3 major functions (listed in order):
1. lubricate
2. cooling
3. suspension medium (move dirt to filter)
for all intensive purposes, a 5w30 and a sae30 will do #1 and #3 identically at operating temp. its #2 that has difference. multigrades use additive and these additives change the ability for the oil to cool. a sae30 can cool much better than a multigrade.
so why use sae30? well, in hot desert climates (AZ, NV, TX, etc) in summertime the night temp may be 75F and day temps can be 110+. for this climate (and for the better cooling properties) i would choose a quality sae30 synthetic like Royal Purple, Redline, or AMSoil. really no need for a multigrade. the winter months in some desert locations can dip to about freezing (phoenix, tucson, valley areas, etc), so then i might switch to a 10w30.