Amsoil 7500 is similar in composition and price to the "synthetic" oils sold mas market. Just enough synthetic to be legally called synthetic. They would be preferred to regular dino oils (and I am running them right now becasue I don't have an Amsoil distributor within reach), but they are not as good overall.
I too ran Amsoil full synthetic for extended oil change intervals with great success. The factors that disqualify the oil are acids - metal particles (almost non-existant with the full synth) and carbons. Checking their web site will fill in the details of their analysis structure. I change the other synth oils that I purchase mass market (like Valvoline, etc.) at about 5000 miles. I would not think of running them for the 20,000 + mile intervals like I did the full synth - plus they do not come with a motor warranty like the full Amsoil does...
I also ran Amsoil in the very cold north. It is PERFECT for that application. On some mornings in central Wisconsin, it might be sitting at -25* with wind chills in the -50* - -75* range. That is cold enough that regular oil turns to peanut butter... Gear oil is thick enough to slice with a knife and have the cut remain intact - diesel fuel solidifies if it is not blended with lighter grades, and of course, your vehicle takes the severe punishment of being without lubrication until those fluids warm to operating temps (not to mention the strain of trying to move them off the spot with the thick gear oils acting as a brake!).
With Amsoil full synth oils in the tranny - engine - and axles, I could drive away my F 150 4x4 (full time - lockers on both ends - built 390, built auto on 38's) at ANY temprature just like it was summer time. It also gave me about 2 MPG difference overall with that truck. With regular dino oil, that 500 HP 390 would not move the truck off the spot without almost stalling...
In my Chevette (used to ferry me 90 miles a day back and forth to my bulk milk truck terminal) I began the use of Amsoil at 12,000 miles (car purchased new). At 12,000, I already had several chipped teeth on the ring gear in the rear axle and the spider gears were making noise. (Icy roads are VERY hard on rear ends - spin - spin - spin - grab blacktop - break...) I figured on just running that rear end until it quit - then grabbing another one from the salvage yard. At 245,000 miles with the Amsoil it was still going... Noisy, but still driving every day, and I was running P225 x 14 tires (huge oversized for a Chevette) on that car for snow clearance.
In my Chevelle with a 355, built, I was able to rev to a 7800 RPM red line on a very consistent basis (like every shift). I did that for years...
I am a definate fan of Amsoil...