Hi Radar,
I had a similar thing happen to me this last year while doing some jetting testing on my 04 550.
I was making some high speed, or main jet passes on a dry lake bed. My stock breather hose had cracked and was leaking, so I made up a temporary set up with 5/8" T and some heater hose, and connected it directly to the little periscope thingy where it attaches to the frame. At the end of my second pass (102mph on the stock speedo) the bike started to sputter so I backed out of it a few seconds early. As I rolled to a stop the bike idled down and quit. Then would not restart. I thought for sure I had blown the engine up.
I tried to start it a couple more times with the kicker and my buddy noticed that it was puffing smoke. I pulled the air cleaner and found the air boot loaded with oil, as well as the bottom side of the air filter itself was splattered with oil. I did as Berger suggested and sopped up the oil with a rag, and replaced the plug, and drained the float chamber.
She fired right up and I finished the days riding, probably another 60 miles or so without a hitch.
What happened was that with my temporary breather set up did not have the reticulated foam, and the ability to allow the oil mist to condense and run back down the breather because of it's size. So it was just blowing all that oil mist right up into the back bone of the frame. A few of the Super Moto guys have had similar problems when running extended periods of high revs. This can also happen if you're revving it hard and have a bit too much oil in the motor as well.
I'm sure all is well. Just clean up those things that Berger suggested and you should be worry free.