Clutch Slipping is it shot?

If the clutch is shot, no clutch adjustment will help. And the only time a clutch adjustment helps is if the clutch doesn't engage all they way (meaning you have no freeplay and barely have to depress the clutch pedal to get it into gear).

As for whether the clutch is definitely toast, I would not guess without more info. But it doesn't sound real promising.

Good luck.

sounds pretty toast to me man...

Guess its time to dig into the search feature and check up on the endless "whats the best clutch?" threads

where is the engagement point during the clutch pedal travel? Like hissin said if it is catchin all the way at the top of the stroke then you might have an adjustment issue. If so you would simply need to loosen the clutch cable. You might have it overtightened. Are you having any problems getting the car in and out of gear at all....reverse? These may be signs of a misadjusted cable. But if none of those issues are present and the clutch still slips then you most likely smoked it. How long was your clutch smokeshow?! generally one mistake wont kill a clutch...but even you say in your profile you cant drive...so thats probably the problem.

I would say you are going to need to get yourself a new clutch.