I doubt teflon will be an issue, use the teflon pipe dope, brush on stuff, just thin no gobs.
BTW the cars a t Spring Mtn go through about 300-400 track miles each week, 100% bone stock. If it's not a hard braking track you should be fine without much car prep at all.
Look at the oil temp on about your 5th lap of each session, anything under 290 is normal and should be OK. If you stare at it you won't have as much fun and it takes about that long to reach it's peak unless you know the track and drive like Andy Pilgram, then you need to check on the 3rd lap. If it's high shift at about 6,200 torque really falls off around there, so there is not much point in revving here real high. The oil temps for me drop about 10-15 degs. This was pre-oil cooler days. I do like redline in the trans / diff but it's not necess for a weekend of just figuring the car out on a road course. It will shift better cold with redline as well.
You might also want to smile a bit more to get those muscles conditioned. The first weekend leaves you grinning from ear to ear  ........come to think of it they all do   
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04 MS. 361 rwhp .ET 12.44 @116.5 mph. Cryo, PFC01, DRM /PHX, T1 bars, BK HB, Crow, Forza,170stat, Hardbar Knob, Cags, Redline, Vram,Chromes,3m Bra, Lowered 1". Goodyear GSCS F1's & R370 Eagles
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