I'm surprised so few people have come to the defense of esters. It may be marketing, but I believe most of the points made in the original post are quite correct:
- The esters used in motor oils, particularly POEs (and proabably also RLI's vegetable esters), are heavily polar and I do believe this gives them a significant advantage in adhering to and protecting the metal, as well as the ability to clean the metal.
- These esters are particularly well suited to high temperature use. I believe it is true that all jet engines use ester-based lubricating oil for this reason. In fact Red Line states that their oils begin life as jet turbine base stocks, which they then blend and additize. I'm not sure any other company can make that claim in the auto oil world.
- Esters have good seal-swelling properties. PAOs, I believe, need to have seal swelling agents added.
- PAOs are not polar and I believe one reason that they need to be mixed with other-group oils is to give the finished oil some polar characteristics. It used to be that they were predominantly grp III/IV blends, but since the advent of grp II and III, many PAO synthetics are probably grp IV/III blends instead, which is cheaper.
By the way, grp II/III oils are excellent, and I don't believe there is any advantage for most people in using any grp IV/V oils. Also, I don't doubt that the best oil will be a blend of more than one base stock, in order to have the best overall characteristics. However, I do believe that POE base stocks as currently being used in motor oils are the highest-performance base stocks overall, and that the best oils, generally (there are of course many other variables) will use a large proportion of the right esters in their mix, as opposed to a small proportion of esters added to a lower-group base, and will thereby be reasonably characterized as "ester" oils.
That is my opinion. I'm currently using Red Line oil in order to "test" my belief in its superiority.