i think board member go_cytocis is a proponent of atf fluid
Correct!
In my quest to become self-sufficient of HD parts & service, I did quite a bit of research into substitutes for the Formula+ recommended in the service manual. An HD service tech buddy of mine advised me it is essentially gear lube, & that's what he ran in his own Harley.
I also encountered the concern that gear lube may be corrosive to yellow metals like the copper coils of our stator & bronze shifting mechanisms. After more research, I concluded that this corrosive property of gear lube is specific to 'GL5' formula for extreme pressure applications due to the additional sulfur content (it really does smell quite strongly of sulfur).
GL4 & less are meant to be compatible with yellow metals due to their lesser sulfur content. That's a moot point however because GL5 is pretty much all you can find any more anyhow. Having said that, GL5 is supposedly also now fortified with corrosion inhibitors so it's actually now compatible with yellow metals.
I am no petroleum or metallurgical engineer so take everything above with a grain of salt; it's just what I came to understand from my own research.
I began running ATF exclusively once I went to Barnett clutch & the munufacturer specifically advised against Formula+ & recommended ATF. I followed those instructions & never encountered an issue as a result. In fact, I noticed marginally improved shifting & elimination of 'cold clunk'.
As lunatic points out above, there's really nothing in our primaries that doesn't also exist in an autobox.