I use it in my 93 C1500 5.7l to reduce oil consumption and bc I tow my camper w it. I tried Lucas and it still burned oil but with the Moly EP it slowed to an negligible amount 5k oci at last check. I use QS HM blend 10w40 and 1 pint of the EP which turned it into a ~60grade oil which I run all year in PA, fires up in winter zero problems. The big thing isn't really the Moly itself, which is around 24ppm but the antimony it has in it which is 64ppm and combined is supposed to be very good AW synergists. It is about twice as thick as Lucas, vis at 100°c is 220. Read on some mustang forums it took care of BBQ ticks as well but idk don't own a 5.0 so no first hand exp.
Per Schaeffer:
Moly EP Oil Treatment also contains two proven frictional modifiers Micron Moly® and Schaeffer Mfg’s own proprietary additive Penetro® . These two proven frictional modifiers once plated, form a long lasting, slippery, tenacious lubricant film, which prevents the metal surfaces from coming into contact with each other. By preventing metal-to-metal contact, damaging frictional wear is reduced which results in reduced wear, increased engine life and lower maintenance costs.