when i drive it hard like floor it all the way to redline and let off it smokes and then it goes away. i saw this once on a FD. is this normal? i have gutted cat. could that be it?

 

from my experienc it should do that unless im wrong
because my 88 GXL did that (dead) and my 90GXL dose that to.

 

When you lift with the engine at high rpm's, throttle plates nearly closed, so oil is drawn into the chambers, and with no cats you see smoke. Similar to a piston engine when you lift at high rpm's and oil is drawn into the cylinders from around the rings.
At least that's my take.

 

sooo... its not bad right?

 

A healthy engine will smoke just a little when you floor it after a long deceleration.
More than a little is worn oil seals.
No big deal unless it bothers you, or the cop behind you.

 

Does the OMP dump a crap load of oil in the rotor too?

 

Not enough to matter. The metering oil pump actually injects only a tiny amount of oil.

The problem described is probably due to oil o-rings that are wearing out. It's a classic symptom.

 

I wouldn't worry about it, it might be oil rings like aaron said but i think your alright. good luck!