I've been studying-up on fork oils lately, thought others might be interested.
Firstly, fork oil is hydraulic oil, it does the same job in both circumstances but is under less stress in a pair of motorcycle forks.
Hydraulic oil thickness is measured by flowing the stuff through a measured size orifice at two different temperatures, this measurement is called centistokes, cSt for short, cSt40 is with oil at 40 degrees and cSt100 is with the oil at 100 degrees. The lower the number, the thinner the oil.
The conventional way of describing a fork oil thickness is by an SAE measurement like 5wt or 10wt, this is a carry-over from describing motor-oil weights, these descriptions were used so it's easier for the common man.
Please note, the given SAE figures do NOT guarantee that the 5wt in one brand is the same as the 5wt in another brand, see this chart
http://mahonkin.com/~milktree/motorcycles/oil-weight-script/oil-weight.pl This chart gives you the cSt40 & cSt100 values for most fork oils on the market, use it when deciding what oil weight you need.
You'd get confused if you were running Silkolene 5wt and went to PJ1 2.5wt thinking it would be thinner when in fact it is thicker!
When deciding on an oil for your front forks, the cSt40 measurement is what you are concerned about because the oil in front forks does not get very hot, it is not under high stresses plus the fork is sitting out the front of the bike in a cooling air-stream.
When deciding on an oil for the rear shocks, take note of the cSt100 measurement, rear shock oil is under higher heat building stresses, plus it/they are behind a hot engine.
Hydraulic oil is much cheaper than motorcycle fork oil, I have been using it for years without noticing any wear or performance differences from 'motorcycle fork oil'.
Hydraulic oil is sold under its ISO thickness rating 'cSt40', the below list is the general lighter thickness hydraulic oils and their rough SAE equivalent ...
AW20 = 2.5wt
AW32 = 5wt
AW42 = 10wt
AW46 = 15wt
AW68 = 20wt
AW100 = 30wt
So if you go and buy hydraulic oil at least you know exactly what cSt40 weight you are getting. I would imagine that you'd have to contact the manufacturers of the oil to confirm a cSt100 figure.
Wait for the experts to tune-me-up now ;-)