Ive went years with an oil pan gasket leak on mine. Its now getting pretty bad. Every 1500 miles or so I need to add in a quart to a quart and a half. Hopefully the cobra intake upgrade doesnt spark any more oil leaks. I used almost an entire tube of gasket sealer on the lower, inch spacer, upper, and head gaskets.
Since I have to take off the K member to redo the oil pan gasket, Im going with a upr k member/coilover kit soon.
As posted above, as long as you dont mind a bit of dripping, an oil leak is bearable. Just keep in mind, eventually it will get worse. I would check your pcv as listed above, but if thats the culprit, you would also notice pressure building up in your engine, at least I did.