I have to agree with
@extech, and might defuse this common internet lore with some deeper tech that some could want, rather than "because he said so".
The higher the octane number the slower the burn
Yeah... no. As-mentioned, the burn speed is relatively unaffected by octane rating in gasoline. Detonation ("knock" or "ping") is not caused by burn speed, but by secondary auto-ignition due to heat,
after the spark ignition. Ignition
before the spark is called pre-ignition (yes, it's a real thing, with very different effects). Detonation is kicked-off by heat from various contributing sources such as pressure from dynamic compression (valve timing) and engine temperature, along with many other factors also related to
temperature, most of which are directly affected by ignition timing that controls
when it makes pressure and associated heat.
"Octane" resists auto-ignition from heat (the source) and compression or pressure that makes heat. It is listed in the US as AKI (anti-knock index) relative to the chemical (octane) resistance to detonation under similar conditions. If the engine is built to require higher octane, then it may det with lower octane if in proper tune. If the engine is not built for higher octane, it will not require it, nor will running more octane improve power or performance. That is, unless it is not in proper tune or has other issues primarily affecting heat, any of which will need attention to correct.
[if you] do not have hardened valve seats you need a lead substitute!
This is also untrue, for a couple primary reasons. First is that the ignition timing is the predominant influence over valve and seat life. Based on industry research, if you have short valve life the most likely issue is your timing is not set correctly, or advance systems not working properly. The distant second most-common cause is running consistently too rich.
Second is that Ford has always used hardened valve seats, at least since the 1950s. Early heads were flame-hardened, and later ones by induction. This is why we see no production changes at the advent of unleaded fuel, and why replacement "hardened seats" are made of the same stuff as the heads (nodular/ductile iron alloys).
While there could be a slight benefit to lead, it was primarily the source of octane in the day (tetra-ethyl lead), not as a valve lubricant or coolant. Those benefits were small at best, and if you have any shortened valve or seat life, the first direction to look is ignition timing and control as the primary suspect, possibly coupled with over-fueling. Hopefully, all of this helps explain why some Fords are happily cruising with hundreds of thousands of miles on them, while others (with the same factory parts and fuels) are damaging valves and seats in far less time. If it was all about the lead or additives, they would all fail predictably.
