Whoah.... too late LB - my nervous system is already shot now, and I can't imagine the spousal scorn on the way should this be expensive (she's already not happy with what I paid).
Unfortunately, I didn't buy the car from Porsche Dealership and do think I have much recourse with those guys from CA. Part of the contract was "As Is".
I'm not hugely mechanical, but what I don't get is why the dipstick reads that I'm full of oil - where the sensors are saying otherwise? Ever heard of just the oil sensor having the issue??