Oils and Lubes Feedback

Can somebody tell me some qualified information about adding Teflon (Nulon/Slick 50) to engine, diff, transmission/gearbox please? There appear to be two main opinions; 'great stuff' and 'it will kill your engine'. I'm both confused and curious at the same time.
This is my first input, being a newbie and towing a pop top behind a Falcon AU111 with 160,000 on the clock. I'd like to double those Ks, which kindles the interest in oil additives.
Happy 2009, RaymondH
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