Gerald; several people have suggested its a timing problem and not a carburetor problem. I tend to agree so I'll start by trying to rotate the distributor and see if the smoke belching problem doesn't improve. Then I'll check for slackness in the chain by rotating the crank and following the action of the rotor.NAAW! Most timing chain gasket kits come with the needed little length of oil pan gasket to replace the bit you WILL remove. It goes just under the front edge of the block on each side, and under the timing chain cover. Just follow the kit instructions on how to install this little length of gasket, and you'll do fine. I did mine about 4 Christmasses ago, and I don't lose a drop from my timing chain cover or the oil pan up there. If you don't get that little bit of cork, then buy a sheet of 1/8" cork gasket material, then cut one to fit the front upper edge of the pan.
I certainly didn't raise my engine for my job. and can't imagine why you would need to either. Mind you, I CAN, but there is no point for this sort of thing.
Regardless of the results I'm still tempted to change the timing chain cause like the fellow said I'm taking a risk at 80,000 miles of the chain breaking and being stranded some where.
I've been watching a YouTube video ("Unplanned Chevy timing chain ..." Racer X garage) and he claims you need an impact wrench (which I don't have) to remove the crank bolt. Is this right? Can I remove the crank bolt with a breaker bar and socket?
Also the gears (cam and crank) have to be replaced as a set, right. I can't just replace the upper cam gear and leave the crank gear alone? Paul