nuanced
You are probably right on this and people have to understand Lycoming's position. It goes something like this: idiot pilot doesn't lean correctly or doesn't have the right instrumentation, heads crack or exhaust valves fry- customer is PO'd and wants warranty. Why should they bother?
I know a couple people running Lycs LOP with EFI and so far so good but only with a few hundred hours each so far.
I know Ross is being funny, but Lycomings position is nuanced. Lycoming is not dumb or condescending, I've talked to their engineering many times. There are people (no one here) saying how dumb Lycoming is and how they invented LOP. That is fine, but "they" make the broad brush comment it can be done on any engine any time. That is too sporty in my opinion.
"Rocketbob" is right, LOP has been around a long time. Lycoming has tested, for countless hours, in test cells and flight test ALL kinds of mixtures. They know what the detonation margins in real world conditions. They do have a deep understanding. Still you are free to do as you like. I am not anti-LOP, just pro knowing what you are doing.
Lyc knows LOP can be done (and recommends it for one of their larger turbo engines), but the advantage and extra effort (and instrumentation) in their professional opinion is not practical or value added for their smaller engines. Of course this opinion was written when gas was a buck and digital computer chip engine monitors where not invented yet. We crazy
home-builders know every inch of our plane, have the desire to learn every aspect of the engine operation in LOP conditions. We also put in the most fancy engine monitors you can get and are willing to balance injectors to a nats backside. However Lycs go in trainers and maintained by folks that don't have time to hyper tune the induction.
As a CFI, I'd have to add hours to the private pilot syllabus to teach LOP ops, if that's even possible in a little carborated 4-banger. LOP works best in larger FI engines, and works rarely or inconsistently in smaller and carborated engines.
LOP as I understand it can be done safely. If you can get smooth LOP operation LOP, keep the temps out of the "RED ZONE" than go for it, but if burn something its on you.
Lyc does recommend LOP for max econ but only if you down well below 75% percent power. If you are down in the 50's (percent power) you have more lattitude to do as you like, Peak or LOP.
Lyc is very simple lean; lean to rough and enrichen for smooth ops. The relative degrees from peak are an unknown with out a EGT gauge, which is the case with most GA planes. If you have one EGT (in theory on hot cylinder) the recommend lean than rich +150F.
In the 80's I never saw a multi channel egt/cht engine monitor on kit plane or factory job. If you had one EGT or one CHT gauge you where, WOW! My first RV had a single cyl EGT/CHT combo gauge on the #3. The latest has more probes and sensors than (insert funny analogy here). Will it change my leaning habits? A little may be.
I find the best way to save fuel is pull BOTH the black knob and red knob back. I find flying closer to best range speed (way below our normal 190 mph cruise) saves fuel. And if the trip is long enough fly as high as you can PRACTICALLY with all factors considered (weight, density alt, winds, weather). Leaning can bring in a few percent in econ in cruise but there is a big picture out there. LOP is not the panacea for free fuel.