With adequate oil, the limit on engine life is usually dirt. Cox, of course ran all castor during the "good" times. They ran a test on a Tee Dee .049 to evaluate life. In a clean environment, the engine ran 400 hours (not 4, not 40, 400!). At that point, it needed an electric starter to get going, but would still run! Duke Fox ran a similar test on a stunt 35 and gave up after using up a 55 gallon barrel of fuel.
Nitro/methanol determines the run and power, oil then only affects the fuel consumption and needle setting (both of which CAN be important). More oil means more open needle and less fuel draw, plus more fuel consumption as the oil does not contribute to the power. However, the cooling and life improvements balance out somewhere. As usual, you have to hit your own best result.
After (finally) reading the break in instructions for the AP Wasp, I broke it in on 28% oil fuel, and am currently running 24%. The one with the Tee Dee .049 venturi turns 23,500 on an APC 6x2 prop, and flies 3.6 second laps on 45' eyelet to eyelet lines. I don't, however, have enough fuel capacity in that plane to finish the pattern. Trade-offs, trade-offs! I will switch that engine to the more recent Sky Sport (3/4" longer tank compartment) and cut the oil down to my more usual 22%.
I will soon get back to baggie tank development, I have been trying to assure that I have at least one totally competitive plane for the next meet. Antone Kephart won 1cc and took home the "Leprechaun Pot o' Gold" trophy at the Palmer Memorial Meet with about 460 points with a 1/2A Magician from Flying Models plans. Antone let me fly the plane this weekend, and it is as good as I remember the original. Smooth, crisp turns with minimum overshoot (he is still tuning it in) and rock solid line tension. Plenty of maneuvering room to allow true vertical eights (the toughest test, in my book, you can cheat everything else).
Supposedly, Brodak is going to produce a Baby Magician. I have no idea how good it will turn out to be. Until then, get the plans from FM and call Eric Rule for a set of laser cut ribs. My version is an accurate reproduction at just the right size for competition .