Get ready for an unpopular opinion. This is only my opinion.
Those old helmets do offer you a level of protection as long as they have never been dropped or impacted anything hard. I have done some research into the 5 year lifespan thing and I can find no evidence that the protective layer, the EPS liner, deteriorates over time. EPS is used in the construction industry as an insulating material. Many tests have been done on its lifespan and resiliency. Simply put EPS does not break down over time by itself. EPS is not effected by temperature changes over time. EPS does not absorb moisture over time at an alarming rate. One study showed about 2% moisture absorbsion over 50 years and that the moisture had no effect on the EPS ability to absorb impact. Simply put the EPS liner would still be effective 30 years after it was produced. The only substances that break EPS down are petroleum based solvents. So what does this mean for a vintage Bell Star (original, II, III, 120, or MOTO)?
OK the shell serves 2 purposes. One, protect the EPS liner (and your head) from punctures. Two, distribute the force of impact to the entire shell minimizing the possibility of a puncture. The shell on those Bell Stars are fiberglass and
MAY harden over time. This doesn't happen by itself and is subject to many other factors such as heat, light, and moisture. Many newer helmets are made from polycarbonate and
MAY harden over time or not. Consider the source of the shell hardening warning (usually helmet manufacturers).
Bell was the first to use EPS in their helmets and all the Stars have an EPS liner. The EPS will crush upon impact. It slows down the abrupt stop your head makes upon impact. The danger is not from breaking or fracturing your skull but from having your brain slam into your skull and deform which causes brain damage and ultimately death. If the EPS does not break down over time by itself then it can still perform the function it was meant too. The problem is you have no idea if the helmet was ever dropped or in a previous accident. You can still find some NOS Buco full face helmets on ebay for about the same as the Bell Stars. That might be a better option and you have the piece of mind of knowing the helmet has never been in an accident.
So an old Bell Star offers the same level of protection as a new DOT approved helmet? Not really. Those old Bell Stars did not go through the testing that new helmets go through. Yes they have EPS liners just like a brand new Aria, but the density and thickness of the EPS is not the same. The density determines how fast or slow the head will stop upon impact. Modern helmets are designed to stop the average human head from an impact of about 16 mph without causing brain injury. That doesn't seem like alot and if you hit an object head on at 60 mph you will suffer brain injury. The 16 mph impact was chosen for a few different reasons. When you become separated from your bike you start to slow down very quickly, sometimes by half the speed you were traveling on the bike. Most times the first impact your head has is with the pavement or a parallel plane. Even if your body is traveling at 30 mph when you hit the ground and slide you don't hit it at 30 mph but much lower. I don't know at what speed the old Bell Star EPS liner is designed to stop your head upon impact. The major issue with any vintage helmet is that the EPS liner is too thin. Old helmets look cool because they aren't as big as modern helmets. Well the reasons modern helmets are bigger is to incorporate a thicker EPS liner that will actually save your life in impacts of 16 mph or less.
So what are your options? First do your own research on EPS and make your own decisions. I believe the 5 year lifespan is a marketing gimmick. There are a few brand new Bell Star type helmets being manufactured today. Check out the Bandit Integral, Retro Road Racer (and other Japanese remakes), and even the Bell Star Classic. All the new retro full face helmets except for the Bell Star Classic are not DOT or ECE 2205 approved. They are essentially remakes of the old full face helmets in every way. There are a few advantages with them though. The shells are brand new and will not have hardened over time. You can know for sure that they have never been dropped or in an impact before. They probably smell alot better than that old Bell Star II off ebay. The Bell Star Classic is a remake of the old Bell Star helmet for auto racing. The eyeport is smaller than the motorcycle helmets and may restrict your vision on a bike. The Bell Star Classic is also flame retardant which is a requirement of auto racing helmets. It is Snell certified to the Auto helmet standard which is much like the motorcycle helmet standard but includes the fire retardant testing.
Bandit Integral
http://www.bandithelmets.com/Retro Road Racer
http://item.rakuten.co.jp/retroracing/10000062/Bell Star Classic
http://www.bellracing.info/starclassic.phpAnother option and one I considered but ultimately decided against. Buy an old Bell Star and pull out everything inside. Get yourself a brand new DOT, ECE 2205, or Snell certified 3/4 helmet that fits great. Pull out the EPS from the new 3/4 helmet and glue it into the old Bell Star shell. Get the new/old Bell Star relined and you have essentially an old helmet that has a modern EPS liner. The problem is you will probably have to trim the new EPS liner to fit in the old shell and there goes some of your modern protection. This is a costly option and that is why I decided against it. BTW the comfort liner or the soft stuff inside the helmet serves no protective purpose and is only there to make your head feel nice. Beware of helmets that have been re-lined because the EPS has not been changed and could have actually been damaged by the person re-lining the helmet.
Scott