all valvers use oil, mine still uses oil after new piston rings and stem oil seals!
I get smoke at high revs when booting it, normal driving it is fairly clear.
I'm now wondering if it could be oil getting into the air intake from the oil breather (well I'm hoping its this!!).
If not I can only assume that it is the valve guides themselves or the valve stems that are worn.
And I am not taking the head off again in a hurry!