Matt,
Good to hear it is running.
The only thing that I can think of that would make it run rich would be the Air flow meter spring or the air bypass (to little air being bypassed causing the vane to move further), or the cold start injector being blocked on.
You may be able to lean it off by bypassing air around the air flow meter. There is a large screw on the top of the AFM that can be adjusted to bypass air around the vane, if this is opened up then the vane should move less => less fuel => leaner. Note any changes you make to the AFM are across the board, i.e. idle will be affected as well as full load etc.
However if you have not touched the AFM I would be inclined to leave it and look elsewhere
Could also be the fuel pressure reg not acting as it should at positive pressure (starndard reg??).
Unless the smoke is caused by blowby, in which case it may fix it self after a bit of a run and the rings bed in. Or the tubo seals are leaking into the exhaust which should also be seen at idle/no load.
With the CT26 you will need to make a new exhaust dump pipe if its straight from a supra. I did a quick and nasty fix by cutting of the cast flange and welding to that, but would like to get it done properly in the future, so let me know if you are going to get one made up, as I will grab a flange also which may reduce the cost.
Roger
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