hmm thats the way they are, you always get a fair amount of blow back oil in the intake lines, it just all comes from the cam cover breather (i am pretty sure) you just give it a clean out every now and then, run some fuel through your cooler a few times till it comes out clean. are you booting it abit? your smoke could just burning fuel, they tend to run pretty rich, so when you floor it you will get some black smoke, nothing major hopefully
and yes the sc are self oiling, they have their own suplly, there is a 17mm bolt at the botto for draining it and they are filled through the dipstick they have, you'll find that on top of them, it a yellow wing nut.
nah they also do that, they will ussually instantly hit about 5-6psi then after the revs get to about 4000ish they will begine to climb to about 8psi, this is cause of the relitave cranks speed to turn to sc.
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