So after having the truck sit for about a month in the garage...
I fired it up last week, and did get some smoke from the exhaust. Once it was burned off, haven't seen anymore since. But I've only been driving around town with it as of late, and haven't taken it on a trail in probably 2 months now.
Just did a compression check on it, and I got 140/140/130/125. Nothing extremely low, and 1&2 seem to be good and strong. The PCV seems to be working fine, and sometimes the bottom hose of the PCV falls off, so it's not an issue of the crankcase getting too much pressure. I need to get a hose clamp on the bottom tube, because a ziptie didn't hold it in place(it helped, but not enough).
And yes, the tube that comes off the top of the valve cover does have oil in it, so it seems that the oil gets pushed out that tube, and into the intake. This also results in a half oil soaked air filter, with oil dripping out of the airbox.
So what's my next step? Valve stem seals? They are likely very old, and possible gone(since it did smoke on startup, after sitting for about a month).