The Ranger is the first vehicle that I've bought in a while that I plan on keeping for a long time, so I've been thinking of switching to synthetic also. Still on the fence.
I don't expect it to do anything vastly different from conventional oil except maintain its viscosity better. That's the advantage as far as I'm concerned.
The quicker I can get oil to the moving parts on a cold start, the better.
And we get morning in the winter that conventional oil really shows its drawbacks.
Some cars can't get enough crank speed for the computer to fire, and I have personally sat in my driveway starting and stopping a vehicle until I could get the engine warmed up a bit because I'd lose oil pressure. It pumped all the dino 5w30 into the valve cover and it couldn't drain back fast enough so the pump would start sucking air. This happened two mornings in a row, and then I switched to 0w30.
Anyway, in my mind, the fairly consistent viscosity is the benefit. I'd still use normal change intervals. I don't put on a lot of miles so 2 oil changes a year isn;t going to break the bank.
And, I read that the first wave of synthetics did affect seals in a way that might cause leaks when switching, but that was addressed and hasn't been an issue for a long time now. (This is what I read while researching my possible switch to synth_