There is a lot of incorrect or partially correct info on this site regarding injection pumps prior to the 280SL.
I will do my best to clarify some of the ongoing concerns using the 250SL injection pump as an example.
All 250SL pumps have a separate oil circuit for lubricating the internal moving parts.
It is the same oil circuit in the front of the pump (pump housing) and rear of the pump (governor housing).
The oil migrates from the governor housing through the rear camshaft bearing into the pump housing.
The oil line that is attached to the pump from the motor is to create oil pressure for what Bosch refers to as oil blocking.
It also serves the purpose of lubricating the lower half of the plunger.
The oil block prevents the fuel from the upper half of the plunger leaking to the lower half and ultimately into the internal pump lubricating oil. The principal being that the oil pressure is higher than the fuel pressure thus blocking the fuel from leaking and migrating down the plunger.
The actual oil blocking o-rings are a seal between the barrel of the plunger and the pump housing.
There is one for each plunger and barrel element. They serve to keep the oil pressure in a small gallery at the top of the pump housing. When they fail, the oil then drains into the pump lubricating circuit, thus overfilling and leaking out of the fill cap.
Why do some pumps fill up with this leaked oil quicker than others?
1-2 o-rings leaking vs. all of them. (Over time they will all leak about the same)
Why do some pumps have a stronger gas smell in the oil than others?
This is due to the loss of oil blocking and the overall condition of the plunger and barrel elements.
It also has to do with how gasoline diluted the engine oil was in the first place.
In any event the cause of the failure is the same, failure and leaking of the o-rings in the barrel seats.
For the above concern for Magruder, the easiest thing to do is simply remove the dipstick and let the oil drain out.
Then reinstall the dipstick (some more oil will ooze out) and drive the car a few miles.
Park the car and remove the dipstick.
No oil comes out? Reinstall dipstick and drive 10-20 miles and recheck.
This will allow you to determine how bad the o-ring leakage is.
If it turns out to be minimal and a rebuild is not in the budget, then suck out the oil completely and fill with fresh.
I would set the oil level a little low, as it will overfill regardless.
The oil level is set by placing the dipstick in the recess only, NOT screwing it in.
Photo attached of an R18Z I just completed testing and calibrating.
This one had completely failed o-rings and the oil would spew out at idle.