In my 60 have run 87 octane for about 100k mi, and 93 octane for 100k mi plus.
i think the 93 pays for itself in mileage alone,( in my truck) and is about like cutting the cat off performance wise.

. I get 15 mpg consistently on 93 Octane, 12.5-13.5 mpg on 87 octane.
In my 62 I can’t tell one bit of difference between 87 and 93 performance wise, maybe one mpg better on 93.
To all the folks here dwelling on the number of degrees of timing they are running, Remember each engine likes something different. The machining tolerances themselves on crank gear and cam gear, can stack up and leave one engine two or more degrees different than the next. Also crankshaft gear key way can be off. If you think Toyota put all engines on true TDC with indicator, then checked the bb and pointer on flywheel and bellhousing for perfection you are mistaken. Are they close, yes but not perfect. I’ve seen some off a good bit.
Just like you are at the track. Drive, turn distributor, repeat, repeat, etc... When you have it running at best performance without pinging, check your idle if it’s ok you are done. the timing light is just for your own personal reference when doing the above process. Again, don’t get hung up on timing light numbers.