So, yeah. The iboats community does not seem to have a lot of resources for PWC questions. I've had better luck asking questions on other forums (Greenhulk for performance/mods, PWCToday, although they seem to be very Kawasaki-centric, and Seadooforum - as you can guess they are sea-doo centric and have been my greatest source of help). I have limited experience, as the Seadoo I got running was my first venture into the PWC world.
To answer your question about removing the oil pump; there are two schools of thought - 1.They were meant to work with the oil pumps. Those oil pumps meter the oil based on the throttle response, so in the long run they use less oil and cause your ski to smoke less. They also allow you to not have to worry about carrying around extra oil or premixed fuel. THAT HAVING BEEN SAID - 2. f the oil pump (or the feed lines, or the throttle to oil pump cable) fail, your first indication might be your engine seizing. On the seadoo I was working on, I removed the oil pump and oil pump gear, capped off the lines and installed the block plate. Given that the ski was 20 years old, and looked like it had not been well maintained, I wanted to remove as many variables as I could. By premixing fuel, I could run my mix at 32:1 instead of 40:1 for at least a tankful to make sure everything was well lubricated. I could also be assured that the engine was receiving the proper amount of lubrication at all times. There are great debates as to whether to premix or use the oil injection systems on skis. The vast majority of what I have read recommend converting to premix just for peace of mind.
Rgds
Eric