I've never used m/c-specific oil in my bikes, and I've never had a problem with a clutch or engine as a result (1,000s of miles). I've used semi-synthetic also, without a problem. I don't use STP, per the manual's prohibition, not that I would anyway in a clean, low-mileage engine.
Further, I change my oil based on how it looks, not by mileage or time. Hey, if it still looks clean and feels slippery, it must be good.
Finally, I don't buy the expensive brands. If I can eat Great Value (Wal Mart), my vehicles can too. I just make sure the oil I use meets the proper API rating (SH, SJ, or whatever it's up to now). Even the cheaper brand I use claims to meet or exceed new car maker's warranty requirements.
What brand/type of motor oil to use is one of those subjective things where opinions and stories abound. Specific personal results are more of a long-term issue, and not immediately available. Even then, those results may be mis-interpreted as being to the blame or praise of the particular oil used.
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