Listen to JohnZ...
Would that running higher octane than required could cure all the motor ills it has been given credit for!!!
Pardon the pun, but there are better ways to get more bang for your buck.
I've been told for forty years that you should follow the manufacturer's recommendation for octane, because if you still get detonation (bad "knock", etc); then there are other things that need adjustment. The present day unleaded 87 octane fuel should generally run okay with a compression ratio of 9.3 : 1 or less. Thus, your Zs do need what we all called "high test" in the 60s.
But will these so-called "super octanes" make it run better? Perhaps, but if it takes that to stop the detonation or even significantly inprove performance, then you need to deal with the other factors. Is it worth it? At today's gas prices, nope...
If you are running premium and still getting detonation (or just plain old bad performance), there are several things about your car's set up that you should check. I'd start with these three basics: heat/spark, fuel/air and timing.
I'll be interested in hearing what others have to say... My father and grandfather used to talk about this one...