the fact that the engine is even running says your rods/pistons are intact. from the sound, it could be a valve, cam, or fueling issue. have you had a compression and leak test done? that will point you in the right direction.
smoke from the dipstick - leak thru the piston - rings are shot
smoke from the intake - intake valves/springs are shot or cam is done
smoke from the exhaust - exhaust valves are toast
mod list?
how did the top of the piston look? any scuffing on the cylinder walls?
smoke from the dipstick - leak thru the piston - rings are shot
smoke from the intake - intake valves/springs are shot or cam is done
smoke from the exhaust - exhaust valves are toast
mod list?
how did the top of the piston look? any scuffing on the cylinder walls?