I got an old millitary diesel tank mechanic over to my house, and he confirmed that the car is most certainly spewing unburned diesel fuel.

Here is my game plan:

First, I take the injectors to my mechanic for complete testing. He will make sure each is opening and closing at the correct pressure.

Next, I pull off the valve cover and investigate the timing chain. I will replace if it is slack. I will also check the condition of the cam for good measure.

Finally, I will pull the head and investigate the valves, valve seats, guides, pistons, rings, etc. I will clean up everything and replace any worn parts.

This should bringer 'er back, right? But should I investigate the injection system further?