UPDATE:
So I've been driving arround for several months with the car still smoking. While it doesn't seem to be as bad as it was (amount of smoke) it's now smoking from both pipes. So back to the drawing board.
Last night I took the intake off. While I was cleaning the mating surfaces, I noticed that there was some charred oil burn marks on the bottom of the intake. I didn't think anyting of it at the time. This AM I took the intake to the machine shop to have the intake "shaved" to off set the amount that was removed from the heads when I had them rebuilt. The guy at the machine shop was very kind and said that before he did anything, he wanted me to borrow a tool (a feld pro gague) that would check the alightment of the heads to one another. . .in order to ensure that the heads were not milled off square. Before I did so, he checked the intake manifold itself. . .with the same gauge and showed me that the intake manifold as it was was correct surface and angle wise. Next he asked me how much clearance I had at the front and back on the china walls. After giving him my numbers he said that a surfacing was not needed unless the heads were out of whack angle wise. At that moment I didn't want to argue so I left his shop and when home to check the angles of the heads. When I droped the tool in, they were dead correct. Maybe .003 of clearance at the very top of ports (Away form the valley). I reported to the machine shop about what I had found and he said that the heads were will with in spec so they were not the problem. Next he told me that what they usually do, rather that shave the intake) is elongate the bolt holes slightly to ensure that he intake, when torqued down, does not catch on the bolts themselves. This seemed like a logical and reasonable solution to my potential problem. . .especailly after verifity that the last gasketes I used were compressing evenly and correctly (as far as I could tell). So I had him elongate the bolt holes.
After about 3 hours he called me to say that the intake was done. . .but that he had a question. He asked me if I planned to replace the oil shield on the bottom of my intake manifold.
My immediate responce was, "what the hell are you talking about!"
He then proceeded to fill me in on what was missing off the bottom of my intake manifold, and mentioned that there was clearly burnt oil on the bottom of my intake manifold where the heat riser cross over was. He then explained that this could be the cause of the smoking. . .if it was burning on the bottom of the manifold, then being sucked through the PCV valvue into the carb and out the exhaust. Because my smoking problem only starts after about 5 to 10 minutes after the care is started (after the exhaust is good and hot) this started to sound like a even more plauseable explination. Then it occured to me that the reason why my car may not have smoked before was because the heat riser passages were blocked off before. . .so the intake never really got hot.
At any rate, my intake (for as long as I have owned the car) did not have the splash shield on the bottom. So he had one lieing arround and I asked him to install it on my intake.
So, tonight I reassebled my engine, this time using the Fel Prol 1205 intake gasket. I cut a small hole in the gasket for the heat riser, because I do actually want that to work the choke. Not sure if that was a good idea. . .but I guess I will find out. I also did not use hi-take anywhere except arround the coolant ports. So everything is reassembled and the Right Stuff is cureing on the china walls.
Tommrow AM, I will fire her up and see what she does. I have my fingers crossed that this will solve the problem.
If this doesn't work. . .then it's either bad "new" valvue guide seals. . .or it's rings. . .
I will update tommrow.
Wish me luck!