1st problem :
Today the flat part of the bleed valve on my 1600 phase 1 405 broke off as i tried to tighten it (cause it was leaking)

so i drained the system took it off and replace it with a bolt until i can get a new one but when i tried to drain the system nothing came out of the aparant "drain valve" all that was in there was a rusty coloured sludge anywho i found a rubber pipe blank off with jubilee clip on it at the bottom of the rad so i took it off and the water ran free

managed to bleed the system again and it was fine my question is is the bleed valve snapping a common problem ? and what use is the drain valve if nothing comes out ?
2nd problem
im getting alot of black smoke out the back when the accelerator is heavily tramped on and i mean alot almost like a diesel at high revs well some diesels

is there a way i can cure this im taking it to a friend mechanic of mine to see what he says and would just like a second opinion as you guys are just soo good
thanks again
Ayden