Here's what I know (or don't as the case may be):
At idle, no problems whatsoever. Revving the engine in the driveway is also fine. No smoke, no leaks.
So, took it on the road, about a mile out and back with a slight uphill in the middle.
Can only get it to smoke (and a definite billow from the tailpipe) under load. It kicks in at about 30mph-40mph (no tach so I don't know the rpm's).
Had some white-ish, light grey, and bluish-white. Smoke smorgasbord.
Leak is from under the oil filler cap. Cap was tight before the trial run.
No oil on the air filter, or in the canister.
After shut down, I opened the bonnet straight away. There was a hissing sound coming from the area near the rear of the head cover, closest to the bulkhead. In other words, up high in the back. Sounded like an air leak from a hose, but could not pinpoint it before it stopped. It stopped when the turbo let out a low bellow, like a soft fog horn or train horn.
?