I own a shop, and have seen this many times in my life. It wouldn't actually hurt the motor to run it for a brief period of less than 5 minutes at a time. You must not forget the cooling system will not work, the alternator will not charge the battery, and the battery needs to keep all the power in it that can be in order to not loose your presets. Starting it to keep the engine lubed shouldn't make any difference unless it will sit for a long time. You are thinking the lifters need to be kept pumped up probably, but I wouldn't worry about that, or keeping it lubed at all. If it has, or will sit for like months at a time, then it would in fact be a good idea, but do charge the battery to keep it up too.
Glad to help out, Good Luck!!!
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