I don't think so Lads. Whatever stopped that saw from running...............it wasn't because the gas/oil mix was 'way too lean'. McCulloch had been advocating the use of their brand of oil at 40/1 (and advising 'other' oils be mixed at 20/1) LONG before that SP70 was sold. The 'two ratio' recomendation was to make sure some yahoo didn't burn up their new McCulloch when running 30w motor oil in their mix. Any good quality modern oil mixed at 40/1 or 50/1 would not damage these saws. I run 32/1 in my old saws............but that's mostly just out of habit.
He probably put bad gas in the saw. It just happened to be an old/bad can of gas that he mixed for his Stihls. That's the only way the saw could have been damaged by the gas. Water contamination. Varnish. Crud clogging the carb or filter. You get the picture.
Accidentaly running gas with oil mixed at 40/1 or 50/1 when the saw had been tuned for 20/1 mix would only make the saw run a bit richer (meaning fuel/air ratio). That's because the 'thinner' mix is less viscous, and flows through the metering sections of the carb faster. It also contains more gasoline in a given volume, which means that the effective air/gasoline ratio would be richer. We've discussed this at length in other threads. If you feel the need, I'll dig up a link or two for you. It's also been discussed at GREAT length in motorcycle and snowmobile tuning forums. In any case, the saw wouldn't suddenly run so rich that it'd die.