Need to Rebuild or not ????? :eek:

[HolleyWood]

hello and thank you for helping me out well i have a 95 suzuki sidekick and it has the 16 valve 1.6 engine in it with 200,000 miles on it and i just got it to run but it seems like its been awhile sence it ran but when it started i could see some white smoke out the tail pipe and when i riv it up i see oil smoke also i think but its alot of smoke and there was some white stuff on dip stick and oil cap but after running awhile that went away but still smoked out tail pipe so let me know what it could be and what i can do but i also can do headgasket change i have done one on a dodge neon so i can do one but i also wanted to know if its worth doing it or not so let me know what it sounds like and i also done a compression test and they all came out to be 190 in each and the normal range is 175 to 190 lol and also i drained a court of oil out of the engine to make it right at the full mark and also i had a cup under the tail pipe and in about 25 mins i got a ahlf cup of water come out of it lol so what now but the engine sounds real good the bottom end sounds good and all u can hear is the injectors ticking and thats it lol so let me know somthing and thank you very very much and i like long winded answers so tell me all u like and thank you so very much again

i also have a little more infowell i have more info on my ridge runner lol well i can leave it at idle for
about 3 to 5 mins and then stomp on it and there will be a bunch of bluish
white smoke come out the tail pipe and also i can keep it at 3000 rpm and a
steady smoke will come out but a small amount comes out and it kinda looks
white but the oil leave keeps rising lol have no clue there lol cause i took
some out to make it right then it went back up i dont under stand its not
milky so i dont know whats going in to the oil lol and it misses a little
but i think its cause of the oil in combustion chamber lol

[Shconer]

The white smoke is coolant witch is usually a sign of a blown head gasket but with 190psi compression thats pretty good. Make sure you test the compression when the motor is warm. Could it be that theres coolant in the exhaust somehow. Coolent takes a long time to burn off. As for the oil probably wore out valve seals.

[nascarmaniac]

If your oil level is rising then your coolant level must be dropping.
Your head is either cracked or you head gasket has a breach between your oil and coolant passages. Pull the spark plugs to see if they are starting to get gunked up, also I would pressure test the cooling system. A note of caution!! I would not run it anymore until verified coolant is not entering oil pan, or you could be changing more than just a head/headgasket.