Originally Posted by 
akelly
				
			 
			Jase, I'm not saying this is 100% iron-clad for sure, but it certainly has all the halmarks of dodgy valve stem seals.  At least thats what I would be replacing if mine had those symptoms.
For what its worth, the quick way to replace them is to make an airline adaptor that screws into your spark plug thread.  Most people use an old spark plug, gut it and braze a fitting for an airline to it.  You then screw it in, run your compressor (which keeps the valves from dropping into the cylinder) then remove the valve springs one at a time and replace the seals, putting the springs back on before you move to the next cylinder.  Its a bit of a bastard job but it saves replacing a head gasket and its pretty quick once you get the hang of it.  To be honest, it is actually a real bastard - especially if you drop a collet into an oil gallery... :wasntme:  
You're pretty handy, you would be better off to just pull the head and do it properly.  A short term fix is to put a heavier oil in - but be warned, it may go for another 10 years like that!
Hope that all helps and I'm not being too condescending.
Cheers,
Adam