It doesn't take much of a USENET search to see all the badmouthing about Peak antifreeze, I guess mainly because the brand contains phospate. People say this and that, and repeat what others say without much thought.
I have visited the Peak site and they discuss these issues, and what they say makes sense to me at least. People blast Peak because of the phosphates, then turn right around and recommend distilled water for cooling sytems (which apparently pretty much removes any negative effect from the phospates). The Peak site claims that some European car makers say to avoid such antifreezes simply because Europe generally has much harder water than the U.S....makes sense to me.
Read it for yourself:
And yes, I changed the coolant in my German car today, and used
50/50 Prestone and distilled water, but have used Peak for years in my cars with no problems.