According to guys I've known who have worked extensively on TR engines, TRs don't -usually- suffer from valve seat recession with modern fuels. Of course, as they say, your results may vary.
Which is what I was saying before. Usually it's not a problem; sometimes it is. Keep an eye on the valve clearances to find out.
The same rule applies -- they got rid of intake oilers for a reason: they aren't needed, due to better build tolerances on mass-market cars, better metallurgy, higher quality oils, and better fuel additives. They look cool, though, and are good for "what's that?" questions throughout any car show.
My argument against that is somewhat weaker; but I'll offer it anyway. It's been a few years back, not long after CA switched from using MTBE to ethanol. One of our local club members had his rebuilt TR4 engine start visibly burning oil after only about 5k miles and when it continued to get worse ultimately decided to have it torn down at about 15k. What they found was that the ring gaps were huge, the rings were simply worn out! The fellow who did the work is a very well regarded professional (now retired), Steve Hedke, who you may recognize as having run his TR3 "Scrappy" in the History Channel's "Great Race" a few years back and winning his class with the best overall time of any entrant. (Older cars got bonus points for age, which is the only thing that kept Steve & his wife from winning the event overall.)
Steve claimed to have seen the exact same symptom with a vintage Land Rover engine and a flathead Ford V8, at about the same time. The only common elements seem to be fresh rings in old engines, and ethanol in the fuel. Steve's theory is that raw E10 was washing away the oil film at startup, leading to that rapid wear you hear about in the snake oil commercials.
It's only a theory, of course, I wouldn't call that proof of any sort. YMMV, offer void where not prohibited, etc. But I saw Bob's beautiful TR4 go from purring sweetly to blowing huge clouds of oil smoke (didn't want to follow him too close going up a grade!). And with the same driver, same engine, same fuel, same brand of rings; the problem did not happen again after he started using about 4 oz of MMO in a tank. No visible smoke from the MMO either.
I haven't shopped for MMO, but the 2-cycle oil I use (ashless synthetic TC-W3) can be had for under $20/gallon, which pencils out to around $.03/mile. And since I'm adding lead substitute in every tank, the extra hassle of adding oil as well is minimal (I premix them into individual doses for each tankful.) Seems like cheap insurance to me, but again I encourage every one to make their own decision. I never experienced rapid ring wear with my old TR3 engine, so obviously it doesn't happen every time. (But it wasn't run on E10 right after changing the rings, either.)
BTW, I've got one of those MMO oilers in the shed, next to the Judson supercharger it came with. But in that case, it was to lubricate the blower vanes and Judson recommended using motor oil rather than MMO. Anyway, they delivered a lot more oil than the roughly 320:1 mix we're talking about (4 ounces in 10 gallons).