i put 3 gallons in my old buick rendezvous today, then topped it off with regular 87. i don't know if it was just my imagination, but the car felt noticeably smoother on my way to work.
since 85 needs a much richer stoich, you are running super lean by doing that. as long as you stay part throttle you will be fine, but things might get hot going that lean under full throttle.
does over lean gas / 85 blend melt pistons? hmm.. i'm thinking yes.
Actually ethanol and gasoline have the same lambda (1.0). When the computer reads 14.7 as your AFR it is actually reading the lambda of 1.0. Unless, you adjust the AFR read-out it will still read the AFR for ethanol at 10.0.