lots of oil could mean that the engine has been over filled at some point and the oil comes back up through the throttle body and out of the air filter. I have had this happen to my car before!
its best to take the whole lot apart for some cleaning action! we used carb cleaner which did the trick!
As for air filters, i'd recommend a k&n panel filter which is a direct replacment for the standard unit.
A popular mod is to cut a hole in the LOWER OUTSIDE part of the airbox, this (in theory) allows higher airflow without exposing the filter to higher temp air (that a cone filter would suck in). Also gives a throaty sounding roar when you put you foot down and open the second butterfly in the throttle body but no increase in noise level when driving sensibly or at idle!
