HELP I'm smoking

Ok some one please help me out. I started up my civic 2day and a steady stream of smoke came out of my PCV breather on the valve cover. I opened the oil fill and smoke started coming out of there too. The smoke was white and came out and up in a steady stream, kinda like a chimney. What gives? I've got a B16A with a full race T3/To4E set up. I checked the charge pipe but didn't find any oilo so I don't think I blew my turbo seals. The turbo is brand new and is Greddy. There is some smoke that comes out the exhaust from time to time at full open throttle. I have an oil leak around the oil pan gasket (new one should be here any day now). I'm stumped, what should I do next or what could it be? Anyone?