G,day, I went through the same prosess to stop my 2.25 diesel smoking.
Mine only smoked on idle too. Blue/ black ish stuff.
1st I tried the wynes stop smoke and injector cleaner...... Little improvement but still smoked
2nd Removed some sound insulation from under the bonnet as it was suffocating the air cleaner.... little less smoke, but found it had more power but still smoked when hot on idle
3rd Got the cylinders pressure tested and the result was perfect as it had an overhall before i bought it 3 years ago. I was told to service the injectors and give it a head job.

which included a slight shave to give better compression, full clean up , new valves and valve seals as they were non existant. I was told that some cheap oils can make the rubber perish.
Put back together and was all good for a few hundred kms them slowly got back to the way it was, but heaps more power but still that anoying smoking on idle.
4th. which left fuel pump timing to be looked at . result was it was over fueling and the injector pump needed a service.
Now after 3 years of playing with it it runs like a dream more power and no smoke on idle only a small black puff under hard accelaration. it is a diffrent car to drive now.
I think all up I spent about $2500 on it

yes i know its alot for an old car but it should go for another 30 years
400 for injectors
400 for head service
60 for VRS gasket set
40 for oils and stop smoke
Well worth it
Cheers Will
Ps if you get the injector pump serviced make sure they adjust it to suit the wear in the pump drive gears not just by the book as their will be some wear and will need to be adjusted to suit. you will need a special tool for this or some diesel guys can do it on feel.
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