Some will say it is water cooled. Yes it is, but the exhaust manifold reach temperatures of 450F - 550F at this temp you can cook a turkey. Aluminum melts at about 1,300 degrees.
What I use, and have been using all along in my 2 cycles is CASTROL TCW Which mean Two Cycle Watercooled. (outboard blend)
If You want the best, get the best from a reliable company that develops oils for today's gasolines. You know the 50 years old sleds had oil blend recomendations for gasoline containing LED. Good luck finding Led based gasoline today. There are so many chemicals to control the burn and not detonate that we don't know about.
IF I have to choose an oil designed for temporary loads and varying temps on my pistons domes, or a oil designed for prolonged enduring flames atop my piston with high rpm's; It is no contest... Castrol all the way. They are as old as oil itself.
BTW I do mix 40:1 for my Snowbug which is a 292cc aircooled, and 30:1 for my Diablo.
