I think what Jason is trying to say is that your heads may be perfectly fine and that
you need to do some more diagnosis before assuming that rebuilding your heads will fix anything.
If you can't figure out what is burning in your abnormal exhaust, I recommend first going to a shop with emissions testing equipment to find out just what the composition of your exhaust is, including an A/F ratio test.
If the smoke you're seeing is due to an overly rich mixture, you're most likely going to be looking at an engine management problem such as a sensor not doing it's job, or at something as simple as bad spark plugs. As Jason mentioned, the fuel pump flow rate does not effect mixture.
If oil is getting into the combustion chamber, you're right that the valve stem seals may be the culprit, but your pistons/rings/bore would be equally as suspect. The increased crankcase pressure due to combustion gasses 'blowing by' the piston rings can result in additional oil entering the intake tract via the PCV system. This is where a compression test (and even a leak-down test) is going to be of great help in identifying the source of the problem. If your problem is due to piston/ring/bore wear, you're essentially looking at an engine rebuild. If your problem is indeed the valve stem seals, they can be replaced with the heads still on the car (albeit a bit challenging).
Again, you're going to be far better served by doing more effective diagnosis before jumping in and just rebuilding the heads.
This is not to sound mean, but by the sound of some of the things you've said in your posts, I get the impression that you may not fully understand just how engines work. If that's the case, just do some research on the internet, etc. -- there's a world of information out there. It's not 'rocket science' by any means, and a better understanding will go a long way in helping you properly maintain your engine. I applaud you for being willing to jump in and tackle something like rebuilding your heads, but if the heads aren't the problem that could be a lot of time, effort, and money wasted.
That's what everyone has been trying to say. First identify the problem, then you can plan your approach to fix it.
Think of it this way: If you were sick and went to the doctor, would you want him to perform some tests to determine what was wrong, or just send you home with a prescription and the hope that it would make you better?
<small>[ August 26, 2003, 01:28 PM: Message edited by: SHOooo ]</small>