I've used Mobil1 pretty much since mile one and my 4.0 has been running good. Just last year a mysterious rattle did develop (~2700 rpms) but it has been weeks since I've heard it last. Who knows what the culprit is? I also used Mobil1 on my old 95 Ranger and I put 100K miles on that bucket, no engine problems. I did change oil every 3K and used Puralator Pure One filters.
I have gotten my oil analyzed before and the results were very good, but I believe I used Royal Purple during that particular oil change interval. I will be sure to submit another sample with Mobil1 after "extended" use.
I had been using the pricy K&N filters but I was thinking of going back to Motorcraft filters if I decided to change only the filter every 3K and then oil and filter at 6K. But if I'm going to extend the filter change to 5K, it would probably be a good idea to stay with the K&N filters.
Caymen, I was amazed when I first read your statement of annual oil changes. But using this particular maintenance routine, I will be changing the oil every 10K which pretty much ends up being once a year.
Thanks for your replies folks!