[Oldsguy]

From the picture of the top of the head, I would say you had some moisture in there too, it looks like rust to me but it might just be false colors in the picture reproduced on my screen. If is is red, meaning rust, you might be better served to use an engine flush in the oil to remove all that crap. The adverse side affect might be leaking oil, or more leaking than you experience now and perhaps more oil blow-by past the rings. But if that occurs, you didn't cause any worst conditions on the engine, just identified a problem you already had.