I prefer 10w30 because since I live in a place where it doesn't dip below 70f 10w and 5w will flow the same. You also gotta remember that you want to use the oil with the lowest discrepancy between the cold and hot viscosity. As a rule the bigger the difference the less sheer resistant the oil will be. If you do a search on oils for the modular 3v you will see some posts of scott w which was the systems/engine engineer for the 3v. It is an androdz reference
but you can see on corner carvers where he puts his input of oil recommendation for the 3v. I personally will go with the recommendation of the dude that was part of the design team and disassembled hundreds of 3v's during the R&D process.
Last but not least motor oils are NOT getting better and they are infact protecting less the engines. Why is that? Easy because of the EPA. The EPA has controlled the amount of ZDDP engine oils can have. If the oil passes a certain limit on the zinc/phosphorus content then it will not be street legal. That's why I only use "racing" oils right now. You can see that they are only for "off road" use since the EPA will not allow them to be sold to be used on the street.