I changed the t-stat on a friend's 96 SL2, for the same reason. It had been 9300 miles since the last oil change, and got all sludged up over the winter from running too cool. It was down about 1 qt. With some fresh PnZ 5w30, after 3000 miles, it was down 2.5 qts, and leaking oil all over the place. But, the soft sludge was gone.
The problem happening now is that it takes forever for fresh oil to flow down to the sump, during an oil change. I think the drain holes in the head are blocked.
Is this happening with you?