just bought a 78 camaro type-LT with the 305, it is smoking really bad and spiting lots of oil out on the drivers side. the oil seems to be coming from around the valve cover or pcv valve, also there is a aftermarket oil pressure Gage installed on the back of the intake manifold that has oil pooling on it to. Im guna go start on the valve cover gaskets and throw on a new pcv valve but if anyone has any better ideas let me know.
... oh yeah it has lots of other problems so i will probably be posting questions on here often for the next few weeks.