If your motor feels fine and you are not down on power i doubt it's your rings, 
so hopefully just a new PCV will take care of this.  Also check your charge 
pipes and intercooler for oil as well, just in case.
Make sure you get a 323 GTX PCV from the Mazda dealer, not a local auto parts 
store.
Best solution would be to go PCV less.  Read following link.
http://www.miataturbo.net/forum/showthread.php?t=21599&highlight=PCV


--- On Mon, 7/14/08, Bill Cardell <[EMAIL PROTECTED]> wrote:

From: Bill Cardell <[EMAIL PROTECTED]>
Subject: RE: Oil puking/spraying out of every orrifice, what a mess
To: [EMAIL PROTECTED], "MiataPower" <[email protected]>
Date: Monday, July 14, 2008, 1:23 PM

Basically you are overpressurizing the crankcase, so think about how
that could happen. As mentioned earlier, the best, happiest thing would
be a bad pcv or one that can't stand up to 18 psi. Beyond that, pressure
would come from ineffective crankcase venting or bad rings. 


Bill Cardell
TurboDog's Dad
www.flyinmiata.com
www.fmwestfield.com
Sales 1-800-359-6957
Tech 970-464-5600 Before you call, check out
http://www.flyinmiata.com/FAQ/
Come to our Open House! August 14-17

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On Behalf Of
[EMAIL PROTECTED]
Sent: Monday, July 14, 2008 3:12 AM
To: MiataPower
Subject: Oil puking/spraying out of every orrifice, what a mess

Also posted on m.net: http://forum.miata.net/vb/showthread.php?p=3252172

So I was @ ButtonWillow this weekend.

The drive down from the bay area(5.5 hour trek towing my HF trailer) was
uneventful, but after my first warmup lap Saturday morning I started to
lay into it and after about 1.5 laps a huge plume of smoke blasted out
from behind me. At first I thought maybe it was a coolant leak at one of
the heater hoses(vaporizing on the hot downpipe), but then I smelled
burning oil. I got off line and slowed way down, but didn't see any oil
drops or a trail behind me, but I stayed off line the rest of the way
around to the pits anyhow.

So I pop my hood and my oil dipstick was sticking up about 2 inches with
oil blasted all over the damn place - frickin mess. I let it cool down
and used about 1/4 roll of blue towels to clean everything up. I then
thought "hmm, perhaps the SS wool I stuffed in the valve cover baffling
was inhibiting proper crankcase ventilation?" I didn't see how it was
an
issue NOW, after about 5k miles and several track events, but I took it
off and spent the rest of the morning removing the SS wool and resealing
the valve cover baffle plates and then reinstalling the valve cover.
Also, my oil catch can was 1/2 full of oil(it was bone dry before the
drive down to BW).

So fingers crossed I go out again & the same damn thing happens . I
pulled the plugs and the tips were all clean(no oil).

Then I thought maybe the 3psi boost spikes(saw a few up to ~18psi) were
causing it so Sunday morning I just disconnected the EBC entirely ran
off the stock wastegate. SAME THING happened after 2 hard laps, oil blew
out the dipstick tube and my catch can was 1/2 full of oil too. I called
it a day and drove home VERY gingerly, staying completely out of
boost(driving ~55mph all the way - the limit since I was towing anyhow).

So after about 100 miles I stopped for gas and checked my oil catch can
- it was TOTALLY FULL ! I stopped every 40-50 miles from then on and
each time it was nearly 1/2 full. The good news is at least oil didn't
puke all over my engine bay again. The bad news is I have NO friggin
idea WTF the problem is...

The engine sounds and feels fine, but I am at a loss.

Any ideas?
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