olefam-
In the 50s and 60s, motor oil came pretty much with very basic refines such as crude solvent cleaning to remove large waxy particles, and most of these motor oils were not equipped with any additional additives such as dispersants, AW/EP additives, anti-foaming agents, acid neutralisers, etc. Because of this, running something lightweight such as ATF or even MMO in large quantities (short of throwing in a full gal of kerosene into engine as a motor flush) will definitely resulted in some very ineresting outcome (dirt,crap, sludge, etc.)
With modern engine designs, engine management controls, environmental pollution controls, etc. Engines we run on how is a total different ballgame: requires the use of at least group 1/2 basestock with magical blends of dispersants, additives, acid-neutralisers. anti-foaming agents, to keep the engine in good, reliable services in-between oil changes, and so on. Also: lubrication requirements are way, way more stringent because of the need of higher efficiency, higher output, etc. (cam profile and designs, compression ratios, PCV/closed-loop operation),etc. what was once thought to be a "viable" idea such as flushing your engine with ATF is no longer a good idea (for if you upset the chemical additives that is vital to provide protetion ot cam lobes, etc., you'll ruin your cam 4 sure). Heck! I'm one of whose readily against 10min kero flush!
Anyways, old tricks die hard in this case, IMHO. I really don't mind being flamed for saying this for I worked alongside with some old mechanics/old pleasure plane mechanics that their trick doesn't seem to work very well anymore, no matter how reulctant they are in making us into believing....