I have a 2002 S, with 57k miles. New to me in last month. I have service history and it had RMS leak and replaced at 10,000k miles and otherwise was serviced normally. Few minor issues under warranty like passenger window unit but nothing major. Great car love it. Finally got a Porsche
I also live in Atlanta, and could easily get the fix from Jake. The problem I have, and I think we all have, is as had been said before:
1) there is no good data on the failure and whether it is inevitable or likely.
2) While Jake solution sounds good on paper and is promising, it is not a proven fix and one could argue Porsche did not design an engine to fail and their testing resources are much more complete than a small operation could provide. So they tested it and did not see this issue in their testing, which is more than just driving the car around.
Therefore, short of imperical data and analysis it is unclear to me how one could make a informed decision on this - cause there is not enough information. Also, in my experience the Internet tends to blow small issues into big ones.
One option is to switch to valvoline oil, sign up for their 300k warranty, hope all is well for the first 18 months (which you have to do before warranty is good) and then see if it grenades whether you can get it covered. I plan to do my change every 3k, and Valvoline's stuff is on the Porsche approved list.
Joe