nytrdr24
+1y
the smoking bluish is oil blow by, you will either be needing valve seals, guides or new piston rings, it could be one of the three, or a combo of them causing the smoking. with the highmileage i would look into the guides and seals first, and that should help, if that doesn't fix it, then you will need the new piston rings, and check the cylinder walls for scoring, and if they are too bad, i would get some new pistons, and at least have the cylinders honed if they aren't scored too badly, if they are bad, then you will need them bored out. as far as the fuel problem, since yours is f.i. i would get some f.i. cleaner and run through it to see if that helps, i.e. stp or something of the sort, and change the fuel filter. if that doesn't help, you may have a bad fuel pump.
hope some of this helps!