It was common practice in British bikes (cars, too, before the "Americanization" of the industry in the UK) to use the same type lubrication in both engine and gearbox. My Norton specs are for a "50" in both. I use Castrol 20W-50 in the engine (convenience, cost, availibility, personal preferance, experience, whatever!) but I switched to ATF in the gearbox to smooth out the rather 'notchy' gearchanges. It's an old design gearbox dating to the 30's but, it seems to thrive on the lighter oil. I have used ATF in all my racing gearboxes (Ford/Lotus UK and Jack Knight) and in my street cars using the BW T-5 (OEM spec) with absolutely no difficulties since I started this practice in 1967. I have said in these forums many times that I adhere to this practice on my own and do not recommend that it be used by all. Just giving you an insight to my experience. It works for me! However, I still use gearoil in the box of my old Ford Model A (SAE 90 as opposed to the OEM "600W"

. Same deal for my 1937 Buick but "engine oil" in the 1959 Nash Metropolitan (Similar specs as MGA 1500). My Austin Cooper uses the same lubricant, engine/gearbox, by design and I use Mobil 1 15W-50, TWO magnets in the oil pickup with a 19 row Mocal oil cooler and a remotely mounted Wix 51515R filter all hooked up with AN -10 lines.
Back to the "time"---bike question---It only takes me about 10 minutes to service the Norton (it is a dry sump) but even my Goldwing could be completely serviced in about a half hour! I spend more time lubing my chain and wipeilng down the "oil" (it IS British, afterall!)
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You just need more "face to face" with these old bikes and cars. My wifes Lincoln gets serviced by the dealer every few months and other than that, all it ever gets is the occasional wash and, of course, fuel!!!
I live by the old cliche---"Nothing ventured, nothing gained"
Best of luck and "Believe only half of what you see and none of what you hear!"
Rod