Given that people here use rotella in their 836 engines, I suspect it is fine for ANY stocker. It is also a diesel oil, I think it is even a c4+ level which is usable in virtually any diesel engine on the road. It is more than adequate for our bikes. The later Ks do have better clutches but it has been used in pre 77/78 bikes with good results. The problem that some may have is that this oil has a high detergent content and if the old oil has left sludge(if it was conventional, this is extremely likely) the rotella will clean it off and that sludge can foul up the plates. If I had to guess, I would bet this is what happened.
After seeing what a can of motor cleaner can do and the chunks that came out, I am not surprised at the sludge that gets left behind. It can hide anywhere.
I certainly do not belittle your opinion. I would never use penzoil in anything even though others say it works for them. I am saying that a number of people here, some with hotrod cbs use it and it works for them. After I switched to synth, I will not go back except maybe to rotella 15-40.