As stated above, BLUE smoke is generally ENGINE OIL..
It could be a loose valves, could be compression/oil rings on the pistons.?? Could be a few things..
& like Delmer said, It could be bad spray pattern on injectors causing some problems..
U can try to narrow it down to A cylinder by raising the rpms till it starts skipping/missing..
Loosen the line up AT THE INJECTOR while its running & check the exhaust smoke..
NO DIFF., Tighten it up & move on to the next one..
Once/IF u can narrow it down, try moving that injector to another hole.. the furthest away from the problem hole.. & re-test.. IF the problem STAYS on the original problem hole, u know where to start looking..
IF the problem followed the injector.. there ya go, u have a faulty injector..
This might be easier "said than done" tho.. most people don't own an injector "puller" & resort to hammers & screwdrivers..
YOU CAN try loosening the inj. lines tho w/ minimal tools..
What does the VENT TUBE tell ya.. lots of heavy smoke?? No smoke??
YOU COULD try adjusting the pump timing alittle to burn off the "oil" alittle better..
DONT move it A BUNCH.. just a degree or 2.. The inj. pump has a timing line on the corner of the mounting flange.. THAT LINE corresponds w/ a line or degree marks on the engine block..
PAY ATTENTION TO where IT WAS.. so u can put it back..
IF your engine has a CAV/Delphi DPA pump, there is an ARROW on the name plate.. move the pump OPPOSITE the direction of the arrow on the NP..
Good luck.