Really appreciate yall chiming in, here is my plan of attack:
1. Replace fuel filter (current one was replaced about 6 months ago) thanks orhly
2. Check the water separator (I will read up on the thread on how to test/service that) thanks marbles
3. Check for a leak in the fuel system - thanks safari
4. Order that compression kit, Im in Austin TX amaruer, thanks for the offer though!
I didnt notice anything out of the ordinary before the "failure", no extra rattles etc, however when I first cranked her up I noticed a whirring that goes away after 30 seconds. I have heard this before and attributed it to the lag before the motor gets oil from the oil pump.
I didnt get a chance to smell the exhaust, but I will try to crank her up briefly before I do all of the above to see if I can get any more info that way.
Again thanks for everyones help, life for us diesels would be much more difficult without this group!