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Pull your dip stick and see if you smell fuel. Mine did that but not as bad and was an Injector . Also do a compression and leak down test I'm Sorda thinking its a head gasket .
You know I'm real glad you mentioned the injectors, I'll be sending them into http://www.injectorrx.com next week. It'll be around $100 to get them professionally tested and cleaned...well worth it after 150k miles.
Also, Wade thanks for that, I'll be getting the head milled and ordering ARP studs. I'll be installing a TT headgasket as well, since I'll one day go NA-T