Ok I changed out the valve cover gaskets. Didnt see any metal shavings or such or in the oil. The gaskets looked really old. Had to scrape most of them off. Took some pics.

http://bradandcharlottes.com/68/Driver%20side.JPG
http://bradandcharlottes.com/68/Driver%20side%20%232.JPG
http://bradandcharlottes.com/68/passenger%20side.JPG
http://bradandcharlottes.com/68/passenger%20side%20%232.JPG
http://bradandcharlottes.com/68/Engine.JPG