That red stuff is like crack eh ?
I cant tell you how many times I over-oiled filters for past bikes/cars/etc...
The best thing to do is let the filter sit around for awhile (dont move it).
This way whatever xcess oil will drain off. Alittle soft padding with a towel will also
do the trick. Make sure you get as much off as you can, becasue your motor WILL NOT like the extra red stuff being sucked thru the carbs (trust me on this one)..