Spark plug problem
 

I've looked online and haven't quite found a similar solution. Maybe I'm not searching right.

Below is a picture of one of my spark plug that I took out. Are first I thought it was the VCG but there wasn't oil anywhere else but on the thread and electrode.

Am I right to think its not the VCG or do you guys think it is?

http://www.freeimagehosting.net/newuploads/3q8sb.jpg

She dont look nice to me, but I am not an expert!

This cylinder is not firing or very weak. Have a compression check done of your entire engine as a baseline, do not skip this part. This way you know if you have minor or major issues. If good you will need to check your coil and/or injector for proper operation. Commonly people swap from cyl to cyl and monitor the running with software. The value is called "Rough" and tells you if one or more is having trouble. INPA will have this value.

Best of luck.

That sounds expensive. What would a compression check tell me? And is it something I can easily DIY?

That is pretty severe carbon buildup, probably due to oil fouling from either 1. oil escaping past the piston rings, 2. worn valve guides and/or 3. worn valve seals. Of the 3 possibilties, 3 is the most likely (at least in the N62 engine), followed by 2.

I've ordered a valve cover gasket, ill replace it asap. Do you think the head gasket could have something to do with it also?

This is not a valve cover gasket issue, you need to address this issue BEFORE it blows up on you and before you drive it further. Please follow what i told you above if you would like to possibly save your engine. Compression check is most important. Go to sears and buy a compression tester. No harbor freight junk for this. Search google on how to do a compression check.

Best of luck!