Note! These are M119 specific comments!
That is just some surface varnish from the engines early days on Dino. Do not worry about it one bit, and do not do anything to try to "clean" it. If there was any sludge in there, your ownership, the Mobil 1, and your propensity towards performing oil changes in good time has gotten it out of there.
Your point is well taken, and your instincts are spot on that "oil brand/type" fetishism is useless. I would only insist that it meets the correct MB specific specs, which in your case is MB229.3 and/or MB229.5.
My only comments regarding your oil choice are these: if you like Mobil 1 (I'm fine with it) and want to continue to run it, why don't you use the one of the versions that were literally designed with your engine in mind?
The most readily available is the 0W – 40 "European formula" You can find that just about any place that sells oil.
Many Benz dealers sell a 5W-40 version of that exact oil called "Formula M" There is also a 0W–40 version of "formula M" and I have not the slightest doubt that it is identical to the "European formula" 0W-40 that you can buy at any parts store. Most dealers that use it stock the 5W–40 version because it's a little cheaper, and yes there is a faction of people out there that just gets goofy when they see the "0" You can guess what the "M" stands for, and it has nothing to do with any BMW, though I'm sure it would work fine in those also if they use the same viscosity.
Do not confuse this with the "Formula M/ESP" that the dealers or your parts store may also have!!
That is a diesel biased oil formulated to protect the particulate filters and other claptrap that line the diesel exhaust system these days. The "ESP" in the designation is "emission system protection" in case anyone had to know.
If you have a viscosity fetish, and you just can't stand to see a "0" in your viscosity rating, Benz and Porsche dealers also sell a Mobil 1 chemically identical to the "European Formula" and the "Formula M" except that it is a 5W–50. If you wondered, it is approved for some hot rod Porsche, and the MB/McLaren SLR. You can probably find it on the Internet somewhere for a reasonable price if you think that would be your thing.
Now, here is an outlier that I have had great success with:
Most of these engines are old and a little seepy, if not downright drippy, and it is not uncommon that upon conversion to some of these water thin synthetics, they can start to pour oil from everywhere. Some call this observation a "wives tale" but in the immortal words of Tommy Boy, "I've seen it 100 times" Others may say "well that's just proof that your engine needed [to be] resealed anyway" which is true, but just maybe you didn't feel like having to completely reseal your engine exactly now today.
That leads me to mention this oil, also available pretty much everywhere, including Walmart for dirt cheap. It is Mobil 1 "High Mileage" It is available in a 10w-40, and I have it on good confidence, and the specification sheets tended to bear out that it is basically identical to the oils I just discussed above with a tiny smidge of extra seal conditioner in it.
I have put it in many older and MBs and not experienced the usual resulting tribute to Capt. Hazelwood...
Any one of these oils, changed at the recommended time/mileage interval will give you perfect protection against anything that oil is capable of protecting you from.
Do I think you are hurting anything by using the 5W–30 if you have some kind of particular affection for it? No. I am only splitting the two halves of the previously split hair. Now to split one of those quarter hairs, the last time I looked, all of their 5W-30s, except possibly the "high mileage" version were ultra low zinc/phosphorus formulations intended mostly for use in newer engines that have almost universally adopted roller tappets for US CAFE/ECE carbon emission limits. Many argue that this has no relevance to an enthusiast car that sees frequent oil changes, and that may be correct, but it still gives me a tiny twinge of the willies. Less with this motor than with some even older designs, but still the willies.
I hope that I have not done here exactly what you were hoping to avoid. If I have, my apology is offered...