that's probably one of the best oils to use and this and many of the Ford modular engines Halo people will lose their minds and tell you you can't put a 40 weight into a 4.6 or a 5.4.I use 5w40 (Rotella T6 Diesel Synthetic)
Now with the newer variable valve timing there can be some issues. This is another reason why it's quite a shame and I don't like the variable valve timing it should be able to adjust the timing completely independent of how thick, thin or dirty the oil is.
People will go on about the return holes on the Modular Fords and say it will cause problems but I can guarantee you 5w 40 T6 Rotella will get anywhere in an engine just as fast as any conventional 5w 30.
Rotella T6 is a great oil and I do love it but I will say I have had a couple of issues where it is a higher detergency and can leak more then a comprable other brand full synthetic.