If you are really concerned, and want to baby your engine, I do for my truck. Buy some nneodymium magnets, I got a set of 4 for 12 bucks shipped. I gave two to my friend. The ones I got are .5" wide, 2" long, and .125" thick, and have a pull capacity of 8-12lbs I think. Then you can either make yourself an oil filter cap (make sure you use material that wont burst into flames) or just slap the magnets onto your oil filter. Do this will add an extra level of protection insuring a higher percentage of trace metals, obviously only magnetic metals are captured.
Basically what happens when you turn your car on, and the engine runs.
Cold oil is pumped into the engine, to provide both lubrication, as well as act as a detergent. Oil isn't meant to just lubricate, hence additives in it, that not only allow it to withstand greater temperatures and stress without breaking down, but to also allow it to carry away any trace amounts of dirt, and metal from your engine parts rubbing together.
It is important to note that all oil filters have a bypass valve. The oil filter can only filter oil so fast, and when you are cruising down the highway doing 85mph, the demand on oil flow is to high, and nearly all the oil in your engine flows through the bypass valve, and is not being filtered. Your filter makes up for this, when you are cruising around town, and stopped at traffic lights. Using the magnet trick above, the pull force of some good strong magnets (these can actually move a paper dollar bill due to trace amounts of iron in the money/ink) is strong enough to pull any magnetically attracted material out of the oil even as the oil bypasses the filtration media.
Oil does indeed break down, and it happens more quickly as the oil becomes saturated with contaminants and can no longer withstand the same level of temperature and stress.
You want your oil to get dirty. If it isn't dirty when you change it, then you are changing it to early. If it is like sludge, then you waited to long.
More important than a premium oil however, is a good oil filter.
Given the following choices:
A) Amsoil filter and oil (Or mobile 1, which is also a top end product, or royal purple, K&N Filter etc)
B) Generic walmart/fram filter, with good oil
C) Premium filter with wal mart brand oil
D) generic both
A- is the best choice, and also the most costly up front. Look to spend $10-15 for the filter, and $7.50-$8.00 per quart for Amsoil. A bit less for some other brands, though Mobile 1 and Royal Purple cost nearly the same.
C- would be the next best choice, if you want the best protection on a budget, spend the $10 bucks on a K&N, or Mobile 1 filter, or order an amsoil, and buy the budget $2/quart oil.
B- doesnt make any sense,
D- makes the most sense if you just don't care, or know any better.