Bluecol used to be the standard in the old Classics and I have always used it, even in my P38,4.6 without any problems. The V8's are all ally blocks and as long as the 50/50 mix is up to strength and soft or better still de-ionised water is used I can't see any reason why it shouldn't be o.k. The Wife's Vectra is a V6 with an ally engine and I use it in that also.
All the manufacturers reccomend their own brand but as far as I know they do not manufacture their own anti-freeze or motor oil. As long as it meets the spec. there is no reason why any brand should not be used as long as it is from a reputable manufacturer.