I have been noticing that my motor is increasingly discharging unburned two cycle oil from the crankcase into the leg and lt discharges through the water intake bypass at the long plate with holes above the cavitation plate. It is now also draining from the small hole/vent above the gear case. Is this a crankcase seal issue? I have never seen this much drainage an any drainage for that matter. We've owned it since it was new. I am sure it is two cycle oil as it is a milky blue color after mixing with water. The blue tint and smell of raw two cy I use 32 oz two cycle outboard motor oil to each six gallons of gas. That is what is specified. I know excessive oil from the crankdase drains down and is discharged while the boat is under way. I don't think it is a seal as the motor still creates good vacuum. Compression is 120/120 and the plugs look normal. Carbs are dialed in for good idle and smooth cruising at 3/4 throttle. I rebuilt the ignition with new points, condenser, coils and plug wires and syncronized the throttle to the mag timing. What am I witnessing?