I recently purchased "How to Keep Your Collector Car Alive", a Motorbooks Workshop publication written by Josh B. Malks.
Amazon.com He has some interesting things to say about the ZDDP issue, and has clearly studied it in depth. He does not take a hardline stance on the subject, but,in a nutshell, says:
-Zinc amounts in gasoline have fluctuated ever since it was first added (to raise octane).
-It is a bigger issue for Muscle-cars of the '60s & '70s, as well as "high-performance" cars (though I tend to think our old trucks often need to work as hard as a muscle-car to keep up with today's traffic. Not to mention, my 1.5 ton fire truck is prob. substantially underpowered with a 216 engine).
-If it helps you sleep at night, he mentions the use of "Classic Car Motor Oil". Check it out
here -For starting up rebuilt engines, GM EOS ("Engine Oil Supplement") is generally recommended.
-The Internet makes it possible to scare the most people the fastest, and the Zinc debate sounds a little like the unleaded gas panic, when all classic motors would self-destruct without lead in them (didn't happen).
Anyway, it's an excellent book that covers every aspect of maintaining old vehicles, and I highly recommend it. For the record, I'll be picking up my rebuilt engine next week, and have not yet decided what oil to use.
-Michael