I figure you can't go to extreme oil change intervals in the old cars, because there are a lot more contaminants that find there way into the oil on the older cars as compared to newer cars. Newer cars have tighter clearances, fuel injection, better PCV and temperature control. Our old cars have carbs, looser clearances and often open - breathers that let air and unburned fuel in the crankcases. That is why you will see the oil in old carbureted cars get dirty faster than newer cars. So, I would limit the oil change interval to about 5K.
Al's article echoes many of the concerns and recommendations I have been seeing on the Corvett web sites too about the latest oil formulations. The concern started many years ago in air cooled motorcycles before it really hit the classic car world. Look for API oils with a CI or CH designation as theses stand for "Compression" diesel service. Oils with S such as the latest SM oil is for "Spark", 4 stroke spark ignition engines.
Doug