The oil coming out from the pipe is all the exess oil... that's from the needles being set too rich ( too much fuel going to the engine ) Did you lean (close) the High speed neddle? try closing it 1/2 a turn (6 hrs)
hope it helps!
Remember take your time! if you get frustrated you only make things worst. Also allow some time for the changes in the needles to make efect.
You can also watch the dvd that came with your car for a more visual explanation.
Xray NT1 '08 /'09 EC LRP12R / Serpent 720 '08 RB Concept V12, R3 RB mods, V12 Rody, Matrix RW / Serpent 733, 733TE RB T9 / EA RC8T OS .21 Vspec speed tuned / Kyosho Inferno GT, GT2 / EA SC10 / Serpent Cobra GT coming soon!