I believe that Mobil 1 oil is too thin and will thin out when hot and You will lose oil pressure...
I was going to run Castrol Magnatek in My Beetle but Castrol recommend Castrol GTX 2 for air cooled engines...
Anyone who has used Mobil one or other synthetic oil has found they leak rather badly...
Oil also is a vital cooler in air cooled engines....
Have You checked the Relief Valves as if they don't function correctly, the oil will be bypassing the oil cooler.... with resultant overheating...
Have You checked that nothing has been sucked into the fan blades? I left a rag on top of the fan housing one day and luckily noticed it was missing... it was wrapped around the fan.... Do You still have the flaps in the fan housing?
If You do these need to be attached to a spring to remain in the open position... All holes in the tinware are blocked to stop precious air from escaping... including the spark plugs...
I'm presuming You have a doghouse oil cooler and the engine bay sealing rubber is intact so the hot air under the engine cannot be sucked into the fan...
Best of luck
Lee
http://community.webshots.com/user.vw68autobug
- Helping keep Air Cooled VWs on the road - location: SCONE in the Upper Hunter Valley - Northern NSW 320 kms NNW of SYDNEY---