Hi Gord. I believe the factory recomends 7.5 ounces of 10 to 30wt oil. I would probably start with 15wt.
Now I'm no suspension expert, but here's how I understand it.
I use use the Race Tech spring rate calculator on their website
www.racetech.com to determine the proper spring rate to use.
Their calculator allows you to specify the bike, your weight and riding ablilty to determine a suggested spring rate.
I'm sure they have some sort of sliding scale, but I don't how they came up with it. Lots of testing and experience I suppose.
After selecting a spring rate, each set-up gets personal.
Some guy's like their suspension very plush, while others do a lot of jumping and need more resistance to bottoming.
With a stock conventional damping rod your only adjustments are oil viscosity, oil volume and spring preload.
The trouble with a conventional damping rod is that you can not isolate the compression function from the rebound function.
If you change to a higher oil viscosity to increase compression damping, you will also increase the rebound damping.
This is where you will have to find the best compromise for your own personal riding.
Once you have determined the oil viscosity, changes in the amount of oil will allow you to do some fine tuning.
When there is a set amount of oil in each fork leg, an air chamber is created between the oil level in the fork leg and the space above. When the fork is compressed this chamber is decreased and builds pressure.
By adding oil to decrease the chamber volume, the presuure will rise faster and give you additional resistance to bottoming, but will have little affect on slow speed damping.
The other adjustment you can make is to add preload to your springs.
Because springs compress at a fixed rate, each additional inch of compression requires addtional force.
By adding preload to your spring, you raise the amount of force required to compress the spring.
This allows you to adjust the static sag, how much the fork compresses under the bikes weight and free sag, how much the fork compresses with the rider aboard.
This also controls the way the forks feel, plush or stiff.
Generally, and depending on how much travel you have available, you would want the static sag at about 3/4" inch and free sag at about 1-1/2" inches (measured from fully extended).
If you have to add more than about an 1" inch of preload to achieve the proper sag, your spring rate is to soft for the bike and rider.
Adding additional preload does not change the spring rate and does not compensate for a spring that is to soft.
If you can not achieve the static sag or free sag with no preload at all, your springs are to stiff.
The other thing is to keep good notes and only change one thing at a time, otherwise you won't know what caused the effect.
It's an oily messy job and will take some time and experimenting, but worth it in the end.
Hope this is helpful,
Ron