Hey mate,
On these engines I'm fairly certain timing is not going to be your issue, they are fairly simple beasts and much different to a petrol engine where timing would put the spark in the wrong part of the cycle.
Are you saying the smoke on idle is white? If this is the case then there is some bigger problems with your engine. You are likely burning oil and if it's smoking visibly at idle, quite a lot of oil. You could have a head issue amongst other things. Sorry to be the doom and gloom king, but it is something you probably need to get looked at soon.
I'd love to offer my help, but obviously being in WA that's a little hard. I'm hoping someone from Vic will jump on here soon and offer a hand, to at least have a look. That's what we're about here as a community as far as I'm concerned.
I don't know any diesel tuners that I could recommend in Vic. There is an awesome one in Tassie! 
If this is not the case then, the fuel pump is quite easy to adjust. There is a number of guides on here on how to go about it. I have a fairly comprehensive guide at home. So if you can't find something suitable for your knowledge/skill level let me know and I can send you a copy after work. One thing to keep in mind while working on the pump is to mark your stating points properly and write down EVERY change you make. If you don't, you will end up in all sorts of pain. The EGT gauge you have is essential for tuning the pump properly without breaking things. Only make small adjustments at a time and take the disco for a decent test drive (flat, small hills, big short hills, big long hills at varying speeds) after each change you make so you know what change does what for you in the end.
Chris
				
			 
			
		 
			
				
			
			
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Chris Phillips
Offroader: 1996 Discovery 300TDI (The Green Donkey)
Missus: 2010 Discovery 4 TDV6 (Fancy thing)
Just 'cause: 1999 Discovery SE 3.9L V8 (Makes fun noises, sometimes...)
Spares: 1998 Discovery 300TDI (Only vehicle actually in the garage..........)
Run around: 2001 Nissan Pulsar ST 1.8L (Soul crusher)
			
			
		 
	
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