I have been told by guys who build a lot of serious engines not to make the rings and lands sloppy wet as the oil creates issues, coking, etc on start up. In the old days, guys used to dunk the piston in a bucket of oil before installing it. Not good.

I use motor oil on the cylinder walls, rings, skirts, etc. Not dripping wet, just lubed. Bearings, cams, rocker gear, etc. gets GM EOS. I have some of the good old high zinc stuff that has followed me around over the years.

Pre-lube just before starting is also done.