Sadly, that API statement has proven to be false for that small but not insignificant number of engines with flat tappets. I'm surprised they still insist on this and haven't corrected it. The entire classic car community and specialty car community knows this, as do the folks at Summit Racing whose video I posted.
Not long ago, I asked a direct question in the Pennzoil Q&A thread (
see question and answer here)
Q - Which Pennzoil synthetic oils can provide adequate anti-wear protection in high-revving (>8,000 RPM), flat-tappet engines with high-tension valve springs given that Pennzoil oils typically contain the lowest amount of ZDDP compared with other oil brands?
A - PENNZOIL RESPONSE: Pennzoil does not currently produce a motor oil for flat-tappets engines. However, we recommend using Shell Rotella T4, T5 and T6 products which are designed for older, flat tappet engines.
Now, let's look at the composition of Rotella T6 and how it differs from Pennzoil PCMOs. The glaring difference is that Rotella T6 contains 1100 PPM Zinc/ 1000 PPM Phosphorus which is not allowed in API SM/SN/SP x30, x20 oils (800 ppm limit), while under API SL it was. That makes these newer spec oils incompatible with said engines.
For many years, I didn't pay any attention to this and simply used API SN 5W30 oils in my 2 VVTL-i cars, assuming they were all good and backwards compatible. Big mistake. Intake camshaft wiped and a coffee table ornament now.