Depends on the oil. If you're using the 7-11 brand I wouldn't use it for more than 3500 (I wouldn't use it at all, I'm just saying). I know guys using full synthetic that are getting a pretty good stretch. One of which has an '81 Chevy p/u w/ a rblt 350 and his oil still looks pretty fresh till at least 5000 mi. He said he changes it about every 7500-8000 miles and as far as I know, He's been doin it that way for the last 4-5 yrs. As for older engines need to be changed more regularly, unless you're using an engine from the mid-50's or earlier. I wouldn't say that's necessarily true.
History lesson time....
Up until that point in technology (mid-50's) much of the oil was produced from Pennsylvania, hence companies like Pennzoil and Quaker State. The oil from PA was much higher in petroleum content than oil we now use from Texas (Texaco). This was optimum for running in engines of that era because the engines were milled with larger lubrication passages. The oil from PA is actually still a better lubricant due to higher viscosity from the high petroleum content. However, when the Ford Motor Company started to design engines with tighter tolerances and thinner oiling passages in the mid-50's, PA oil could not be used because it was now too thick for the oil passages and would start to build up petroleum reserves in the valvetrain area. The oil from Texas is thinner and generally better suited for these engines as well as subsequent designs. That is why Texas is the leading oil producing region in the US. PA still produces plenty of oil, however it is lower in Gasoline content and again, a thicker, petroleum based oil. This is not to say that if you use Quaker State or Pennzoil with a newer engine that it will clog up. These companies all get from the same refineries (overseas I might add) and it all comes back the the same viscosity grades. So, unless you're trying to build extremely high hp engines from what would be considered "antique" blocks and heads, you shouldn't have much of a need for changing your oil more frequently, at least not noticeably.
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