If you are/were overserviced, the windage from the crank and other moving parts slinging in oil that normally don't could be the cause of the smoking. Generally speaking, when a 4-stroke engine burns the most oil on acceleration you have a ring problem, if it is worst on decelleration, it's a valve guide/stem seal issue. If this B12 motor sat for a while without running, you could have stuck rings and/or rotten valve stem seals.