Okay, I went to PCA (Joel Reiser is one of the more knowledgeable and informative guys out there) to find more detail on oil (https://www.pca.org/tech/tech_qa_question.asp?id={D511B82E-9AE1-4564-8F74-724C0847AD24}). Here's what he had to say:
"The 15W-50 is for warmer climates and/or tougher service, and the 0-40 is for cooler climates. I hope I did not misunderstand the question. 0 will flow better at a lower temperature than 15 will. Likewise the 50 will handle the higher temps better than the 40 will. In warmer weather and on the track I run the 15-50, whereas I run 0-40 in my street car for the cold winter weather. So I would say 'no, it only has advantages for the colder weather'.
Since publishing the note above, I have additional information from Bruce Anderson and Peter Smith to pass along. Porsche is currently recommending the following in Technical Bulletin 1701, "Engine Oils Approved by Porsche":
Castrol/Syntec 5W-50
Exxon/Superflo Supreme Special 15W-40
Mobil 1 5W-30, 10W-30, and 15W-50
Sunco Synturo Gold 5W-40
Havoline Formula 3 synthetic 5W-40
Valvoline/ High Performance Synthetic 5W-30
Note that Mobil1 0W-40 was not available yet at that point in time.
We are thinking that Porsche favors the 40 top weight over the 50 for street use because it is friendlier to the hydraulic valve adjusters (993 and 986/996) and other areas of the VarioCam valve train (986/996). In the case of the former, we have seen some of these newer cars struggle to achieve compression on startup in certain circumstances because the hydraulic valve adjusters are not pressurizing correctly.
So the revised answer is 'yes, it offers valvetrain advantages provided you keep the oil temperatures within specs'. In other words I will still run 15W-50 in my GT3 Cup car with the hydraulic valve adjusters because it is still heavier duty service than a 0-40 would be best for. But on the newer street cars the 0-40 is probably better if your climate is not hellaciously hot and you don't overdrive the car.
Joel Reiser / Bruce Anderson- PCA Website 2/02"
He also wrote (https://www.pca.org/tech/tech_qa_question.asp?id={512C8E59-91E5-4222-A730-89791DA56B43}):
"Just a little over a month ago on 11-30-01, Porsche issued a new oil bulletin that is significantly changed. The latest list of approved synthetic motor oils from Porsche includes Mobil 1 0W-40, Mobil 1 5W-40, Valvoline High Performance Synthetic, 5W-30, and there is also a Castrol/Syntec 5W-50 listed. As before, Porsche says the oils can be used for all 4, 6, and 8 cylinder Porsche engines from 1973 on. The Mobil 1 0W-40 now comes in all the new Porsches, including the Turbos, but some owners have had a problem finding it in retail outlets. The biggest change in this latest data is that temperature charts lowered the upper limit on the 0W-30 synthetic oils that were previously 40C (104F) to 30C (86F). These newest Porsche temperature charts do not show a synthetic 10W-30, but do show 10W-40s and 5W-40s going to a higher (but undefined) temperature limit than the 0W-30 synthetic oils which have the revised lower maximum limit of 86F ambient temperature. We will keep trying to learn more about these changes and pass them on, but in the meantime, I guess I would feel better about a 5W-40 or higher oil for running under warm ambient temperatures."
So, I don't know whether the smart thing is to go with 0W-40 or 5W-40 from here on. Since I am in the northeast, I'll likely stick with 0W-40. 1999Porsche911, I get what you are saying, and always prefer to err on the side of caution, but do you think that the 15W-50 is really that much better or more warranted?
Cheers.