about switsching from dino to syn. at high mileage:
since I also have the 4.6L sohc(1997) in my t-bird, I thought I'd drop a line...or a few.
I bought my car when it had 72k miles, and the owner had always run Pennzoil dino. I ran Motorcraft and pennz.HM on this car for about 10k after I bought ir, and didn't consume a single drop in 3k changes.
Those days I was not very educated and I switched to Pennz. synthetic 10/30 without doing ANY cleaning at 85k miles, and this triggered a consumption of 1/2 qt per 3k miles. since then I've learned a lot, and I switched to dino again, and did an Arx treatment, which brought down the consumption to almost zero again.
This time, after Arx, I made the switch again, with GC 0/30 and hope the results are not like the last time I switched(the car has only 600 miles so far since this 2nd switch to syn.oil; I hope the Arx has helped, and that this time there'll be no consumption with the GC.
I think it depends a lot on what condition the motor is in(sludge? worn out seals etc) when switching to syn.oil.
The experience I had of course doesn't mean that all 4.6L sohc's with high mileage are going to start consume oil when switched from dino to syn. oil, BUT it probably gives you some peace of mind if you do someting like Arx cleaning first.