First of all, if you don't know already, there's a wealth of information already available to you in the Search feature. There's a button for it near the top of the page.
I'm not sure about the oil leak, but it might be a blown valve cover gasket. My 94 FZJ-80 is at 164k mi and I needed to replace my leaking valve cover last month.
Sliders, or "rock sliders" as they're called, help protect the underside of the car (specifically the rocker panels) when climbing over obstacles. High quality after-market ones (as offered by Metal Tech, Solid Rock Off Road, Slee, and many more) are made of thick steel and mount to the frame for strength. The factory made ones, more often called running boards, are very weak and attach to the body.
This thread has a bunch of info and some good pictures.
Here are a few pictures taken from Metal Tech's website:
Some badass sliders (the big black metal parts just under the doors):
Illustrating the use of sliders:
I hope that helped!