I actually started a test like this this past weekend. My kids and I race quads and I've wanted to know if a certain viscosity (10w40 vs. 20w50 vs 10w30 vs 5w40 vs 15w30) or composition of oil (ie grp IV or V) will lower temps in our race engines, two air cooled and two water cooled. I took readings at three differences places on the engines post race and recorded them in a notebook. Over the course of the race season I will record the post race temps using different oils and, just maybe, can reach a conclusion at the end of the season. There may be too many variables to control for however and I don't approach this as a definitive experiment, just really playing around.