I find MM Oil does serve a purpose and is far from Snake Oil when used with air cooled engines from my 97 Harley to all my lawn mowers.
I use a mix of Marvel and Sta-Bil and Ethanol free gas in every tank in my Harley's the last 25 years! Lucky, I have 100% pure gas at my local corner store.
25 years ago I ruined my stock carb with pure racing gas and that gas also swelled the o-ring in my Pingel petcock ( gas cutoff ) to the point it would not close or open. After replacing that carb , draining the racing gas and refilling with regular gas it was suggested I try a few oz of MMO in the gas to see if it would unstick my gas cutoff. IT WORKED after only a few miles! To this day 25 years later I can feel when I turn my gas on and off if I need to add a bit more MMO, the MMO makes the gas turnoff smooth as glass! So I am impressed as I can actually feel what MMO does to a rubber seal or O-ring so it MUST be good for all the other rubber parts in a fuel system? I think so....
The mixing MMO with Sta-Bil came by trial and error but in my old Harley I get a bit more snap in the exhaust note and general feel of the bike when mixing MMO and Sta-Bil. Who knows why but I do...
My old Harley now has that same carb with out a rebuild over 25 years now. I do keep the tank 100% full and the gas may sit 8 months and one time the gas sat almost 2 years! I did drain the 2 year gas but my old bike still runs great and zero rust in the tank thats to MMO and Sta-Bil!
I use the same MMO and Sta-Bil mix in all my lawn gear and never had an issue and my lawnmowers are old and sit every winter.
Over 30 years ago, I knew a large industrial machine shop maintenance mechanic that maintained many huge machine lathe and he would mix MMO with the gear oil used in those large machines. I don't remember the specifics but he would swear the MMO made a huge difference to the gears with long term heavy 24/7 use.
I don't use MMO so much in my new cars and such but anything old or small engine, air cooled, I love the stuff!