But is the only sysmptom, apart from the smoke, the fact that you have run out of adjustment ?
The reason I ask is despite a rebore and new pistons, all valves cleaned up and refaced,new guides and new seals etc.. my motor still smokes a little occassionally !
I guess what you are saying is that the valve does not travel down the bore of the valve guide centrally, then it starts to chew it up, make the guide more oval shaped. Do the guides need replacing if your theory is correct ?
Regards,
Ben in Ireland.
'64 230SL 4sp.