I agree that the problem with the decrease in zinc is overrated in most cases. Blackstone posted some virgin analysis of oils bottled in the '60s-80s, and the zinc level wasn't all that high.
There are some notable exceptions to the zinc issue, as noted above , which are mainly old-school HiPo flat tappet engines with high valve spring pressure. And I think when breaking in a new cam in a flat tappet engine, the zinc levels are a bit more critical. Moly helps too, providing similar boundary protection while the oil is cool, before the ZDDP has time to activate from heat. I read about one guy who swears by putting heated oil (to 120-150F IIRC) into his rebuilt engines so the ZDDP is at it's activation temp. I can't remember but it's over 100F ... right?