red 7

I have a cusco catch can.

its getting vaccum from the intake elbow just before the primary compressor housing and the other is connected to one of the nipples on the oil fill neck the other nipple is capped deleted pcv
my engine just was rebuilt 3000 miles ago

every 1500 miles so far the catch can has about 2 inches of rotary coctail in it, mixture of oil and water/gasy smelling stuff (1st time poured into plastic cup and melted cup, spilled all over table didnt get to settle and seperate to see but about half and half)

I was just wondering is this a normal amount
the oil wasnt overfull but i do race at the autoX and there is always a good bit of condensation inside my oil cap when i take it off
im not complaning just want to know if this is normal
at least i know its doing its job

thanks for any input or 1st hand experiences