GaPonyFarm said:If it just smokes when you start the car, it could be as simple as valve stem seals (a really simple repair). Does the car begin to smoke at very high rpms also, but not under normal conditions? This is also a sign of valve stem seals. The recommendation for a leak down test was a good one. The cylinder pressure test results looks pretty good, I'd start looking beyond the rings, to the heads.
Your compression numbers are very adequite in my oppinion, The valve seals are very cheap and easy to replace. i would try that,
My 85 f150 300 i6 with over 220,000k on the rebuild was burning a liter of oil every 1000 km thats roughly about what yours is burning... i replaced just the seals and it knocked the oil consumption down to 3/4 of a liter every 5000 km thats less then a quart every oil change.... dont need to add oil between changes.......
it will cost you a set of valve cover gaskets and a set of seals, maybe $20-$30. give it a try...
you do realize you can do it with the engine in the car and heads still on right??? ill explain the process to you if you need.........
-gbm-