New Moto Guzzi Door Mats Available Now
In my experience, it only smell crap when worn and old, not fresh. Same with fork oil and ATF, that can develop a terrible smell over time. My take is that if it smells, it's been used too long.
Perhaps my brain is fading - isn't lack of smell a sign of dementia? Anyway, I do not have a habit of sticking my nose into oil bottles, but I did not notice anything sickening when replacing the oils in the V9 or the BT1100. No automotive oil smells nice, but nor do they tend to fill the room.