Acceleration, or not so much...

[Waterloo]

Well, pissing oil sounds more like your oil pressure sending unit or the cam shaft positioning sensor. I doubt it is your jake harness, but could be. If I were doing this, I would replace both the cam and oil pressure sending units. What did I pay, around $25 for the oil pressure unit and I think around $34 for the cam sensor. That oil pressure sending unit is the one that normally pukes oil and makes a real mess.

The oil pressure sending unit is in the driver side of the block behind the fuel filter. You have to remove the fuel filter to get to it. The cam sensor is up there right next to the Jake Harness, a bit of a bitch to get to, but not that bad.