Havent heard of kerosene, but I think you will be ok if you just drain it and put new oil in. If you put new oil in and run it, and find the "milk shake" effect is no longer present,then whatever water you have in there will burn out when you get the oil up to temp. Did you check your valve for you headers? make sure you arent getting reversion into the exhaust ports from flooding your headers with water at too low of an rpm. If you have a spring on the t-valve to your headers, those go bad and flood them. Good luck.
[ June 02, 2003, 01:04 PM: Message edited by: Hallett19 ]