Albundy,
I didnt say oil temp isnt important but I would pay more attention to oil pressure is because, for me oil press shows the health of my engine rather than an oil temp. If you know your car well, you should know the rough figure of oil pressure on every load and rpm.
This is how I see it. Lets say I use brand X, a fully syn grade maybe a 5W40. Maybe 2-3laps of Sepang, oil temp maybe at 90-100C. Oil press at 8bar at 5000 heading to 8000rpms. At the next 4-5laps later, my oil temp shows 95-104C and when i push my car from 5000 to 8000rpms again, oil press might have gone down to maybe at 6.5-7bar. With this reading I can see that the oil is starting to dilute and I know my engine will fail if I would to continue my runs. With the reading I can see that I would need a higher viscosity oil and an oil that is able to hold its viscosity level at the same time.
I cant debate much on the oil pressure between the two oils even Castrol dont have the data for it, but I can assure you that the two oils hold its viscosity and temp differently. Temperature is important to prevent breakdown of the oil, the pressure is equally important because it governs the rate at which the fluid is flowing through the engine.
This might not be totally right for you guys but I guess from what I experienced oil temp really works for me . I would go for oils that suits me or that are recommended. Not be economical and hope for its best.