20w-50 is really overkill...
I dont see an issue with running a 5w-40 oil in most anything though...
The real determinant is if YOUR engine shows increased wear in OCI... if YOUR oil pressure changes due to thinning of the oil, and if YOUR oil life is significantly reduced due to operating conditions... I think not, most likely.
Coolant temperature control in modern cars is pretty darn good. The actual difference between a traffic jam at 75 degrees, which isnt that hot, and 100 degrees, which on even the worst shore traffic weekend on the parkway, youll likely not encounter... is relatively small, compared to the oil temperaure, which is over 212 degrees.
Het load due to inefficient combustions, hard driving, etc. is a bigger issue... and at the end of the day, likely the engine is designed for optimal cooling atound 100 degrees, for overall robustness of design.
JMH