I was actually involved in manufacturer directed oil testing. Although I was not an engineer for the company, just a tech. My fascination with the two stroke engine and study of engineering in college led me to learn as much as I could during my time there. I generally boil it down to oil ratio and HP. We also tested various oil types, seeking any advantage possible. Our engines were 150HP two stroke outboards, and produced more than 300HP in race ready configurations. While I was limited to 80mph verification runs after installing a powerhead, the engines were capable of more than 100MPH. Fire breathing monsters!
I see the back and forth here and note that each individual has valid points. The fact is two stroke engines are now ancient technology and any advancements here and there are rather rare today. My level of practical understanding comes from years of dirt bike racing/riding and my oil testing experiences. Installing powerheads, making sure they run well, pulling them apart so the engineer could measure wear. Our testing included wear protection for the exhaust side of the piston rings, as wear was highest here. Some oils just don't cut it, such as bright stock based two stroke blends. Some oils do a bit better. Down and dirty in the trenches, so to speak.
Back then, on my two stroke dirt bikes, I knew to use plenty of oil and tune accordingly. Today, I'm a 32 to 1 guy in everything, and any high quality EG-D or FD oil is generally fine for my uses. Clean, adequate protection, no drama.