I've been running diff oil temp gauges for years on my trucks and have based viscosity choices on the operating oil temps.
My way of thinking is to stay within the grade 90 viscosity (13.5cSt minimum) at the highest temp regularly seen. Almost never do they exceed the 210F viscosity rating for the grade, and when they do it's not by much and only for a short period.
Other people may see higher temps and need the protection of a 140 grade. IIRC, a 140 grade drops into the viscosity range of a 90 grade with oil temps in the 250F area. Still, I'm not afraid to let the additives work for me during a short spurts over 210F. I wouldn't tow coast to coast at 260F with a 90 grade, but I wouldn't be afraid to let it go that high for a few minutes going uphill.
The newer truck is rated for a 75W140 synthetic, but I have to run a non-synthetic because of the type of limited slip used. Plus, I run a 90 grade (80W90) because oil temps run so low, even when towing and I'll take all the fuel economy gains I can get. Both trucks have Mag-Hytec covers and they knock at least 15F off the higher temps (more on cooler days), so that's factored in.
IMO, if you use some means to cool the oil, verifying the temps, you can drop grade and benefit from the lower drag and increased mpg that comes from a lighter gear oil, whether it's synthetic or mineral.