I don't think motor oil would result in instant destruction of bar or chain (pretty sure in the earlier days of chainsaws that is what was used as there weren't dedicated lubricants), but as noted bar and chain oil is highly tackified and a better choice. If nothing else it is cleaner. That being said, vegetable oil (particularly canola) is frequently used as a non-toxic substitute for bar oil (when cutting in sensitive areas or when the operator will be exposed to a lot of the oil, like when chainsaw milling) and it seems to work OK despite not being tackified. One think I would say is that this is an instance where oil is oil- I'm not afraid to buy premium stuff where I think it's warranted (for example I'll buy the Stihl Ultra or Amsoil for the gas mix), but as far as bar oil goes I buy the cheapest stuff I can find. Considering it's a total loss lubrication system protecting parts that are ultimately consumable, I don't see spending money for premium lubricants as the best investment there.