You say the smoke is getting less though as you run it? I had what looked to be oil coming out of my exhaust as well when I was burning oil in mine. The crap dripping out may not actually be oil (well it is but its not like it is pumping liquid oil out) but more a mixture of carbon, moisture, and oily deposits from the oil smoke.
If the smoke is lessening the more you run it then get a few extra plugs, your plug socket and put them in you pocket, get on the bike and go ridding. Stop every so often and swap plugs and keep riding. I had three sets of plugs and carried them all with me and would swap them as needed when I would ride.
If the smoke is lessening the more you run it then get a few extra plugs, your plug socket and put them in you pocket, get on the bike and go ridding. Stop every so often and swap plugs and keep riding. I had three sets of plugs and carried them all with me and would swap them as needed when I would ride.
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