Older Outboard Oils

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I am in the process of getting my old 1978 Merc 200 20hp ready to hit the lakes. I was at the parts store the other day getting some things for my car and I picked up some Pennzoil premium 2cycle outboard oil. Is this stuff any good? Are their any differences between 2 cycle oils? What is best to run in a 25 year old outboard?

Also, I had some Shell Nautilus gear oil kicking around. I just finished draining the lower end and filling with this oil. Is it any good? Anything better choices?
 
Another brand is quicksilver made for Mercruiser. They have both synthetic and non-synthetic outdrive fluids. 25 year old, I'd go with the non-synthetic. Scan this website, I have seen some uoa on the 2 stroke oils. I've seen that Pennzoil type you've mentioned at Walmart for a number of years. Yesterday, I noticed they had it on their clearance rack, they may quit selling it pretty soon.
 
Thanks for the advice. I have heard of Quicksilver, but I just don't like the sky high prices of the local Mercury/Mercuiser dealership. I just picked up this Pennzoil, because my parts guy is a licenced dealer, and I usually buy my Long Life from him (since he has the best prices in town).

What sort of additives and properties should a good 2 cycle outboard motor have?

I would agree that the synthetic gear oil is not really need on this motor. It really just putts around for fishing. Plus, I have changed the oil on it yearly since I got the motor.
 
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