I'm not sure about the idling part, but I'd say that this behavior is pretty normal, and perhaps this problem has to do more with carburetion. The wrong mixture can mess with your idle as the motor heats up and also overheat the motor, which would explain the lack of oil pressure (hot oil gets a lot thinner) and the crankcase smoke. That white "smoke" is only steam. If you park your bike outside, a lot of condensation builds up in there and it takes a surprisingly long time for it to vent out of there. As far as excess crankcase pressure is concerned, I don't think that's ever really a problem because it's not sealed off from the outside (the breather equalizes pressure with the outside).