I run 2 Stihl 009s daily. Both saws have over 1000 hours and 120 psi compression. Saw A began smoking(a lot) but continues to run fine with no change in compression. I drained the bar oil tank and swapped carburetors between the two saws, saw A continues to smoke, saw B is unchanged. Same gas in both. What has happened?
What's the spark plugs look like? Is "A" darker or more oily?
For S&G's, you could disconnect the oil pump via the clutch hub and see if there's any change.
Really, the only thing possibly causing the smoke (off hand), would be if the oil tank cracked and is seeping bar oil into the fuel tank.. I'm not sure how your oil pump is set up, but inspecting that (and hoses) as well wouldn't hurt..
**And the
clutch springs are intact, NOT dragging/over heating and smoking correct?? Safety brake functioning properly, again not dragging, broke binding?