A used oil analysis is the only way to know for sure.
I've always got good UOA's from Mobil 1 on the couple of 4.0 SOHC's I've owned EXCEPT for the one time I tried Mobil 1 5w-30 Truck & SUV, which the wear metals were through the roof and Blackstone recommended I only run it for 3000 miles. I would not advise using it. A case of don't believe the marketing, believe the lab results.
Based on my experience:
Mobil 1 is good but tends to show high iron numbers in most engines (but we're talking parts per million, no biggie).
Pennzoil Platinum has always given me better numbers than Mobil 1 and costs less.
Motorcraft Blend is very very good stuff.
Up to about a 6000 mile OCI, Havoline will give you as good a UOA as a synthetic.
Currently the Trac has Valvoline Synpower in it, I've not used it before. I'll change the oil tomorrow, which will be a little early, but we're going on vacation and it will be way over if I don't. I'm going to try Mobil 1 0w-30 Fuel Economy Formula.
I have not tried Royal Purple.
Run what you want. Get UOA's occasionally.