Plenty folks been running marvel mystery oil or seafoam or some other product added to their fuel for decades.......seems to me the stated benefits of these products would out weigh the one benefit of lubrication from 2 stroke oil.....
Well, You're right. People HAVE been running MMO and other snake oils in their fuel for decades.
That of course doesn't make it "right".........Many people HAVEN'T been running MMO, Seafoam, Owlsnot, and Clamjuice in their fuel and "haven't had a problem" too. Absence of a problem is not evidence of a benefit.
"Running" any form of light oil and/or solvent and "NOT having a problem" is not really a benefit since the oil simply causes more deposits in the combustion chambers, exhaust valves, spark plugs, etc.....
I don't see how mixing Stoddard Solvent, mineral oil and lard (MMO) into your fuel could possibly have a benefit!
BUT there's plenty of evidence that it will cause detonation in high HP gasoline engines
http://www.ntsb.gov/aviationquery/brief2.aspx?ev_id=20020916X01610&ntsbno=NYC02LA181&akey=1
Gasoline marine engines are quite similar to gasoline aircraft engines......
Detonation is a frequent cause of catastrophic damage in marine engines......... adding ANYTHING to gasoline in a marine engine that can reduce the octane number is very risky. All oils and solvents (and probably LARD, or other vegetable oils) reduce octane number.
Since oils, diesel, Kerosene, and and other light oils/solvents will reduce octane number and cause deposits, it's really best to avoid them all..... (in fuel)
Commercial octane boosters and fuel "stabilizers" are probably ok and some manufacturers recommend them.......BUT NONE of them can prevent loss of vapor pressure because marine fuel tanks vent to atmosphere. I always store my gasoline fuel tanks nearly empty and refill when I am ready to use them. I have never had condensation.
I am not sure it even happens and there's some evidence that water in fuel tanks can come from sources OTHER than condensation.
http://www.yachtsurvey.com/myth_of_condensation_in_fuel_tanks.htm
He asks me after that did I run two stroke oil through the engine. I'm thinking why on earth would I run two stroke oil through a motor like mine? I tell him no and ask him why should I? He replies, since your motor sat so long without running you should lubricate the upper cylinder walls and rings.
I apologize for straying from the original question! If your "motor" has sat for a long time (year or 2) and it wasn't "fogged" and you're worried about upper cyl lube etc, Pull the plugs, spray some light oil (3 in 1, 2-stroke, motor oil mixed with Kero etc) in the cyls crank the engine with the plugs out , put them back in and go boating.
For an engine that has sat since 2007, I would PRE-LUBE the engine by removing the distributor and turning the oil pump with a drill motor AND spray some light oil into the cyls and crank it a bit AFTER prelubing. Then I would put the plugs back in and start it up!
I would NOT put ANYTHING into the fuel tank except fresh NEW fuel.
Cheers,
Rick