Larry - Welcome to the site from Illinois! 
You will get lots of opinions on types of oil...I personally use Mobil 1 V-Twin in the motor, Redline MTL in the primary and Redline Shockproof in the tranny...
I change oil every spring, every fall and every 3500 miles in between...
Hope you enjoy the site! Don't worry about all the money you will soon be spending customizing your ride - you can always make more!
Me too. I have used Royal Purple gear lube in 4X4 diff's, it works great, but I've had people tell me that there oil has additives that aren't the best for you motor. I don't know that for a fact, but heard it from several people. There's plenty of threads about oil on this site. You can just do a search on, oil, Redline, Amsoil, and you'll find a lot of comments about oil. There's not much difference between the Mobil 1 V-Twin and the regular Mobil 1, so you could use either, and you can mix, just a little more phosphors in the V-Twin bottle, that isn't allowed in the car oil.