Don't let an older machine with an oil pan scare you away from it. If you are using it in fast paced production work then you would need the oil pan. For home sewing and doing FMQ, regular oiling where metal moves against metal will be fine. This advice is from the OSMG who sold me my industrial machines.
If you get an industrial and you are cleaning it up - unless it has been serviced by a industrial machine reseller they are really dirty - don't mistake oil wicks for lint. If you really have to tug on it to get it out and it is near an oil port leave it. Don't ask me how I know.
