Sounds like too much oil. When my FX is cold I can barely see oil on the dipstick.......I suspect the VX will be similar. Remove oil until its at the add mark on the dipstick cold. Run it on the hose for at least 10 minutes (or even better ride it for 10 minutes) and check the level right after you stop the engine (remember to turn off the water first if on a hose). If its on a trailer, be sure the ski (not necessarily the trailer) is level to get an accurate reading. I always shoot for a level 1/2 between the marks when the ski is hot, checked right after I have ridden it on the water, which will give you the most accruate reading.