The colouration on the little end and the pin wouldn't bother me much, as to adding the oil that would be a big no no from me.
Its innacurate and messy, not to mention a king pain in the arse away from the farm. You also have to re jet to do that on a pump motor, as you need to allow for the oil in the fuel which is effectively leaning the mixture.
If you want to add oil bang on but do it the easy way with the pump. just shim it up a bit more for more stroke, even just stick a couple of turns on the cable.