My LS1 had nothing but M1 5w30 for it's first 150k miles, then I went on a search for the "best" oil, and have run M1 5w30 HM, Redline 5w30, GC 0w30, Driven LS30, PU 5w30, 50/50 mix of M1 5w30 HM/0w40 EF, 50/50 mix of PU 5w30/PUE 5w40, 50/50 mix of M1 0w20 EP/0w40 EF.
Now at 250k miles, it still has the same cold start piston slap it had a zero miles, but no other noises in it. It has high oil consumption, though, about 1qt/2000 miles. It used to have low consumption, about 1qt/6000 miles, but has been trending up since 200k. I have a stash of PU 5w30 and PUE 5w40, which I use as summer mix for track days. The only oil I ever ran in the engine which seemed to make a noticeable change in its behavior was M1 5w30 HM. When I switched from regular M1 at 150k, the oil consumption decreased from 1qt/5000 to 1qt/6000. It had similar oil consumption on Redline, though.
And the engine has not had an easy life. It has been tracked every year since I bought it, accumulating maybe 180 hours of track time. I have overheated it badly (260F pegged the gauge) one time, and to about 230F 4 or 5 other times. It just keeps coming back for more.