I have heard the alcohol causing the "O" ring deteriorization. I fly a Superior 0360 motor that is certified to use 91 octane pump gas with no alcohol. I mix 50/50 91 octane with 100LL and have no trouble with detonation or plug fouling nor can tell any difference in power. In my '52 C170 with the C-145 engine I burned straight 100LL and sometimes sometimes had lead fouling of the bottom plugs. I read some stories about what was used in the radial engines of WWII. They used Marvel Mystery Oil at about 4oz/10gal of fuel. I tried this mixture and I could go over 100 Hrs. without losing a plug. This is a good top end lube and it will show up on the valve stems as a fine coating...no stuck vaalves. I now use this mixture in the Superior engine with the 91/100LL mixture even though I have had no plug fouling problems. Since my engine was still under warranty I called the Superior factory to see if this would affect my warranty...they said no. There are several Continental engines in the area that now use MM oil.
A quick check that I do for testing for alcohol when I buy gas is use a pint Mason jar with about 3/4" of water in it, add about 2" of gasoline, shake well, and then let it sit for about 2 minutes. If there is no alcohol the water and gasoline will separate and there will be a distinct line of separtaion. The gasoline can then be poured off without disturbing the water...I put it in my '59 John Deere 730 tractor which has a sediment bulb for water separation. If there is alcohol in the gasoline, the line will be not well defined and it will have fine water bubbles in the gas and fine gas bubbles in the water.
Burning car gas does save a few bucks.
PS: the Superior factory guy said if I burn straight 91 Octane I should back the timing off a few degrees.