I use Mobil1 5w-30 for everything small & air cooled, no failures so far. Fill with oil, run it hard to begin with, change the oil after an hour or two. Done & run. Change the oil regularly to keep these engines running long & strong. It ain't rocket science, pulling hard after it's running will cause the rings to seat properly, since compression is needed to force the ring into the bore from pressure behind the ring. Best way to do this is to have a load on the motor & build some rpms, to force the rings to expand hard against the cylinder walls & wear properly.
Myth 1 - a ZDP additive is necessary for a flat tappet cam setup (modern oils have zinc in them now, additives can reduce the oil's lubricity)
Myth 2 - let it idle for a few hours first (top ring won't seat properly this way, blow-by, loss of power, oil burning, fuel in oil)
Myth 3 - synthetic oil won't let your engine break in properly (better check with all the car manufacturers who use it in their engines)