For a fresh tight engine, 5W30 is fine. I run that in my stroked 5.0 and with correct tollerances and a stock volume oil pump the oil pressure is always fine. On my old car I lost about 2MPG when going from 5W30 to 10W30.
But as others mentioned, break in of a flat tappet engine needs special oil. Could care less about the weight, it is the additives that matter. There are now some special oils just for breaking in flat tappet cams, I think redline makes one. The standard recently has been Rotella diesel 15W40.