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My friend has a 94 that has the traditional coolant weep than edges it way down the engine block, and the proverbial oil leak into the spark plug well also. Neither seems to have hurt the engine, save for the fact that he keep a close monitor on both. You could reseat/replace and torque the top pan gasket to help solve the oil problem. Of course the plug well could cause a problem when oil drains into the cylinder when you pull that plug; so a good cleansing of the well beforehand would solve this. It's probably not good for the wire boot to be saturated like that; as the oil could affect the spark delivery to the plug proper.
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