It's certainly opinion that Todd's methods are valid. A bad and ignorant one at that. Most in the industry would laugh at them. Most would also laugh at a guy who allegedly is a chem engineer watching you tube for technical information. You are aware that SAE publishes papers on oil comparisons? This last one I read was 20+ years back when I worked in the automotive industry. In it Petro Canada Duron, a group 3 mineral oil outperformed Mobil 1 which at the time was a PAO/ester blend. The test had statistical validity too, unlike PF's example of one.It certainly is opinion. It is based on the premise that only one methodology for testing wear and lubricity is valid. That is an opinion. The purpose for industry standard test procedures is to let multiple users do the same tests and compare results in multiple locations. But where did these tests come from? You can bet that there were multiple test methodologies in use before API created standardized tests. The standardization of tests by API does not invalidate other test methods; it just makes it easier to compare results across industry. But specific to Todd's apparatus, it exposes each test liquid to exactly the same contact pressure, shear field, temperature and time. The results are quite reproducible. Though, as Todd says, it does not exactly duplicate conditions in an engine, it does establish comparative results, so the ranking of oils is simply sound engineering science. You might want to look up the definition of a Rube Goldberg machine. Todd's apparatus is far from that. It is simple, fair and produces reproducible results. He also compares flow at different temperatures, before and after a high temperature heat soak. He does not do that test for 2-cycle engines, but he recently did a very interesting test program for bar and chain oil. You should watch it and learn something.
And the purpose of standard tests is in part for the reasons you mention, but also in part to ensure the tests replicate conditions found in the intended application. The latter is the most important because it gives you useful information that is actually pertinent vs. farting around in the garage.