Here's my take on why you shouldn't run it in your 600cc bike. The issue is the amount of additives in M/C oil that are specifically there to protect the gears of the transmission (I believe zinc is the main one). Remember, almost all bikes except maybe Harley's(?) share the oil supply between the engine and the tranny, and tranny gears take quite a load, so these additives are needed. That makes the oil requirements for a bike very different than a car.
There was indeed a time when car oils had the same stuff in them because many older cars, but even a few fairly recent ones including my '88 Acura Integra, specified MOTOR OIL in the gearbox vice any specific gearbox oil, So the additives were needed in car oils too. Those days are gone - these additives have been taken out of the car oils for various reasons ranging from "they are bad for catalytic converters" to "lower friction without the stuff". So while at the time some of the older studies were done there was no truly good reason to run a (more expensive) motorcyce oil, that is no longer the case.
The only oil that MIGHT be an exception is specifically Mobil 1 15W50 - that oil seemed for a long time to have been identical in both the car and the bike oils. The reason is likely because the only cars that would have still specified that heavyweight oil would have been older ones, so there was likely little reason to change the car oil chemistry to take the stuff out since no modern car would specify that weight of oil. I know all this car oil vice bike oil was discussed in a Motorcycle Consumer News article a couple years ago, check their web site - I'm drawing on mymemory of those articles for what I'm saying here.
Bottom line is all evidence seems to say that car oils no longer have the additives necessary to adequately protect the tranny gears and you should run a motorcycle-specific oil. Opposite views are welcome.
jZ
(not associated with the motorcycle oil industry in any way)