OK, still belching white smoke with the new 1/2" copper return line and a new Lightning PCV valve. I let it run for 20 minutes. It still doesn't smoke at all while idling, but if rev'd any amount past like 2K it starts to puke the smoke. I ditched the wrap from the back half of my down pipe, and it is smoke free.

Things I found...
1. No oil of any kind in the TB and the outlet of the IC.

2. A TINY residue of oil on the inlet of the IC

3. small puddle of oil in the compressor, and light coat of oil in the inlet pipe.

Tomorrow I am pulling my turbo to see what's up with it, I think it may have taken a crap on me. I will also be doing a compression test to rule out the engine to be on the safe side.
I'll have to get a compression test kit or see if AutoZone has a rental set that'll work.

2005 Ford F150 SuperCab FX4 1964 Chevrolet Impala SS 1998 CSVT: 354HP/328TQ @ 10 psi, now gone