On my 4.0 I used the straight 25wt Pennzoil racing oil that my local engine builder supplied. He told me to start it up, run for 20 min and shut it down, let it cool and then drive it like I stole it for the first 1k. Then change the oil to whatever I wanted to run except synthetic. He wanted me to run it a year on dyno before I put in the syn.
I followed his advice since he gave me a 2 year warranty on the engine. The warranty is almost up and the engine is just getting "broke in" good. It runs great.