I am...skeptical that Redline is 100% of the improvements people are seeing, I'd wager 30-70% of it is just putting in new fluid.
That said, in the Corvair transaxle (same setup as the Europa with shared oil, and more aggressive final drive hypoid offset) I've regularly switched between StaLube 85w90 GL4 gear oil and redline 75w90NS, consistently noting the fresh redline seems better than the fresh straight gear oil.