Re: No oil alarm
As he said, there's a simple test described in the service manual. An even simpler test is to mark the tank and calculate how much oil is actually being used per gallon of gas.
If you're at all unsure, you should be running pre-mix.
If your alarm is the "no oil" alarm (vs. the low oil), in my limited experience, it might be caused by something as simple as a minor air leak in the oil system. You can check and/or replace hoses and clamps (use the ratchet clamps, not metal hose clamps or zip ties), reprime the system and see if that helps.
I had intermittent no oil alarms that would always be immediately solved by 1-2 pumps on the oil primer bulb. I don't know what the exact problem was, but I went through and checked and re-attached all the ratchet clamps and it seemed to solve the problem. During this time, it was burning oil at a normal rate too (I tend to constantly monitor -at least roughly - oil consumption by marking my oil tank with 1 qt. lines and just watching to make sure it goes down throughout the day, and then checking the burn rate when I fill my gas and oil tanks).