Wow! There is a lot going on with those plugs!
Since those people are tracking their cars, I imagine the engines are running under pretty consistent conditions. Might make the whole advance thing difficult to see on a street vehicle.
Oil on the plug is an easy way to see if you are leaking oil internally. It doesn't always make the exhaust very smoky.
I find that the plug color can be a good indication of the mixture, mostly at idle if you aren't doing performance mods and can trust your jetting (you cut the engine at the RPM you want to read the plugs at). I don't read plugs to do a final tune, but it can help get an engine running (perhaps setting idle mixture on a 4 cylinder engine if you don't know how far to unscrew the idle mixture screws). And some anecdotal proof that plug color works: my brother has a Ford Falcon with a single carb and straight six engine. The front and back cylinders (farthest from the carb) run a bit leaner than the four inside cylinders and you can see that in the plugs.
You shouldn't have to mess with plug temperature unless you want to improve the performance of the engine. Most agree the best way to do that is buy another motorcycle
