blue smoke on acceleration , dramatic increase

dont forget to check intake gasket for sucking oil /
The OP said that he has 2 cylinders that have lost compression. The intake manifold is still a good idea though. I'm thinking it's rings, and sloppy valve guides will cause oil in the chambers too. I've heard about KB pistons breaking ring lands. Wiseco has a affordable piston / ring package. Speed pro pistons is another option.