Just ignore the, "I've used this ratio for X years, and it's never done me any harm" posts
That’s the best comment ive heard in a while
Standard carby specs are jetted for 20 to 1
If you have adjusted the jetting to use Belray HIR at 40 to 1, then just revert back to standard jetting specs to use a different oil at 20 to 1 and then fine tune the jetting to suit the track, your riding style, temperature etc from those standard settings. If you havent changed the standard jetting specs from standard when you have been using 40 to 1 then going back to 20 to 1 shouldnt require much jetting changes at all.
As Lozza says, just get out there and do some plug chops. The plug will give you the answers.
I would recommend Belray Si-7 at 20 to 1 or similar synthetic or semi synthetic. Minerals are not all that bad either but its hard to convince people they can still be good to use these days. Theres no real need to spend big dollars on HIR and then mix it at 20 to 1 which it may not like anyway and you wll just be wasting extra money on oil.
Rule of thumb, use the ratio the manufacturer recommends and if its anything above 35 to 1 then i would serioulsy consider ingnoring the factory specs, re-jetting and comming down to 20/25 to 1. Usually though i reckon its safe to go with what the manufacturer says.
And as the others have said, go back and read through that big topic started by Shortshift as all the info is pretty much in there. The key is the oil viscosity, that will tell you what oil is ok to mix at what ratio. Before you go mixing HIR at 25 to 1, find out the viscosity of that oil, you may find it wont like being used at that ratio. Ask Shortshift as he will know the rating of that oil.