The Oil Saver is really thick stuff.
If you want to use it I would be hesitant to add it to a 40 weight oil, as you would probably end up with a 50 grade.
I know some German cars call for a 50 grade, but I'd still be hesitant.
In your situation I too would look into a 40 weight high mileage oil. I have heard a lot of good things about both Mobile 1 10w40 High Mileage, and Maxlife in the 10w40 flavor.
You would also save a few bucks. Synthetic High Mileage oils will be cheaper than a Synthetic + Motor Oil Saver. I've been shopping around as making a High Mileage oil saves nothing over just buying one.
That being said. If you have a bunch of 5w30 or 10w30 on hand already and you want to make it a 15w40 high mileage oil. Then go right ahead.
That's what I do.
I have some leaks in my daily driver that I'm not in a position to fix right now, and a 40 weight High Mileage oil just about stops the leak.
Right now I have 4.5 quarts of Chevron 10w30 and 1 pint of Schaeffers #132, which is similar to the Motor Oil Saver.
Once I run my stash down I'm thinking that I will try to stock up on High Mileage oils.