I don't recall noticing a difference in mpg w/ the Explorer, but I might not have really been looking.
I do remember a noticeable improvement (about 2-3mpg), when I switched from conventional to full synthetic on a '95ish 4cyl Cavalier I had a while back. Of course, I think I also switched from 10w30 to 5w30 at the same time, so I can't say whether it was the synthetic, or lower viscosity. Probably a bit of both. Regardless, the extended change interval makes up fo the cost anyway, even if there weren't any other benefits.
I also saw a slight improvement in mpg in a '93 Bonneville 3.8L-V6. The improvement was about 1-1.5mpg, observed, both before and after, over the cousre of multiple tanks of fuel (more then 5).
As for Celly's comments, I can't speak for other's, but I don't "recommend it because it's what I use". I use, and recommend it, based on research, experiences of select credible people, and my own personal experience and OBSERVATIONS. I don't claim to be an expert, but I have read semi-technical explanantions of how oil works, and why synthetic is better,etc... No, honestly, I can't quote you anything now, off the top of my head. What I do remember, is that I decided a while ago that the available credible information led to the conclusion that synthetic is the way to go, almost all the time. Unless I really, really need to pinch pennies, conventional oil isn't even "on my radar" anymore. The synthetic stuff exists for a reason. Plenty of qualified people have done all the chemical comparisons,etc... Synthetic does what it says it does. It IS better then conventional oil. It DOES last longer and it DOES lubricate better. There really isn't much more to say on that. It is what it is. The only question is whether or not lower quality materials (conventional oil) are acceptable "enough" for the task at hand or not. Now, I guess that's where personal opinion comes in.