Did your previous unit continure to run after an overload??
The manual does say they do continue to run after an overload but my engine cuts out...Mine increases in revs during the overload but it cuts out a few seconds after....
Your oil switch is blinking on and off, check the wiring.... on mine, the main AC wire from the generator part of the motor broke at the connector-plug, was a easy fix... Also, the ignitian wire is too short and sometimes loose....and also it would pay to remove the cover and check all the wires and connectors and grounds were sound.... Also on mine the throttle body connector doesnt clip in convincingly although ive had no issue with it...at least you know the oil-sender unit is working and dont have to split the case and crank for that....