White smoke can be a timing issue too. Not necessarily the pump timing, but late injecction. The injection pump needs a low pressure source to make the correct high pressure. If the low pressure isn't sufficient, white smoke will happen because there isn't enough flow to fill the timing chambers in the time alloted. It's kind of like hydraulics...well, I guess it is hydraulics, if you have low hydraulic fluid, the ram is mushy or spongy and slow to respond. Same thing for a bosch type injection system. Air in the system will have the same results. Air compresses, that equals a late start to injection, equals white smoke. This mainly happens at high idle no load and under a load during acceleration. Does the smoke smell like fuel or oil? Black smoke is too much fuel, not enough air, injected at the correct time. If you can't tell by the sound of the engine when you crack the fuel lines, get a photo tach and put the tape on a crank driven accessory or the damper. Short the nozzles out and watch the RPM drop. The one with the Least RPM change is the culpret.