I believe that the API SN version was one of Mobil's best. Mobil used POE in the blend. The new SP version is formulated similarly to everything else in their lineup: GTL+PAO as the base oil (some products use Group III+ HVHI, others use just GTL, while others use a blend of base oils), and AN as a co-base. Mobil has given up on using POE and esters in general as co-bases in their consumer level products, and the only reason for the change I can think of is cost. Still, in typical Mobil fashion, they're making excellent products.
I recently purchased M1 Euro 0W-40 and M1 Euro 5W-40 mainly because both were on sale at Wal-Mart and I like A3/B4 and A40 ... They only had 1 jug of each left so I grabbed them both and you are right both are SP now. didn't pay attention when I bought them but I went and looked after your post and noticed that my old empty M1 0W-40 jug in the garage says SN.
Out of curiosity, what's in M1 EP 10W-30 these days? Is it also gtl+pao? That thing doesn't burn ANY in any of my cars old or new. And just because of that, I'm in love with it. lol also kind of prefer narrow(er) spread oils.
I mainly use M1 EP 10W-30 or Valvoline EP 5W-30 in my Tundra. Kind of switch back and forth. I dump any oil in this car after 5K miles so I'm sure it doesn't matter which oiI I use but curious what's in it these days?
Thanks!