Guy at the shop told me the fuel pump diaphragm could be bad, even though its a brand new fuel pump. This would let all the gasoline run into the oil (he said its common on 350's)
We got full compression on all 6 cylinders a few years ago when we checked it. Its got less than 1,500 miles or so on it since then.
Thanks for the replies guys...stay tuned, I'll start a thread wtih pictures of the whole story. I took a few last weekend, just havent posted them yet
Last edited by Green_98; 04/12/2010 9:55 PM.