I'm still feeling its fuel delivery issues. I know you posted there is correct pressure leaving the fuel filter. But whats the injection pump inlet fuel pressure? I can't tell you where to find that either. Only know that you had pressure issues before and installing an electric lift pump fixed that. So did the injection pump screen get loaded up because something got past the new fuel filter? You will have to ask permission to remove the back of the pump from Mel to check this screen. I do have a nice video from u tube that shows the way this pump works. The idea of correctly moving the pump towards advance but getting retarded timing is not of this world. But there it is happening to you. Even if the gear was timed off 1 tooth it still will advance the timing no matter what if you turn the pump in the passenger direction.. Maybe try a cheap electric lift pump just to verify the pump you have now is not suffering a pressure drop at 2000 rpm draw of fuel flow. You can have proper pressure but not proper flow rate. then the pressure sags and the timing WILL change. I'm really reaching now but not much else makes sence. It was bad pressure and a new lift pump fixed that. But now that same symptom has returned....
i would not agree with that.(respectfully of course )
with the mechanical lift pump, and low fuel pressure, it did not perform well, and no smoke.
here is a vid of me running through 1-5 with the old mechanical lift pump.
when i installed the facet, i gained alot of performance! and it started to smoke as expected.
im going to advance/retard back to the same setting later today (6.5/7) which is the same setting i had in this video,
to show ya the difference.
https://www.youtube.com/watch?v=E1QPrqWjhyI&list=UUeOaJTOsAypB8fJnjLCWSkQ