I wasn't trying to be glib, if I came across that way, I apologise. You are also correct that I haven't brought forward any references. I'll just restate my two main points and then anyone reading can draw their own conclusions.
- Water does get into oil under normal operation, and boiling it out at temps over 212F is an effective way to remove it.
- Modern engines are designed to operate using modern oils at temperatures between 220 and 295F (according to jimdandy, which I don't despute.)

At least this has been a good discussion that should help people think about oil temps and other related issues.