Well, bringing this thread up to date...
Have had the truck taken to two dealers and a recomended third party shop. All three couldn't find anything obvious, or so they said. I had about resigned myself to the fact that the rings were shot, mostly due to the blue smoke. One dealer refused to do a cylinder leak-down, due to the fact that "In your situation, it's a waste of money... Your rings are shot."
However, comma... I took a shot the PCV system myself, this weekend, and what did I find? A freakin' 2 1/2" crack in the return PCV hose going into the throttle body. The crack is on the underside, and not visually apparent, unless you remove the hose. I'm amazed all these geniuses at the shops I've had this truck at missed something so obvious.
So, I replaced both the PCV hoses, the valve, and the grommet. Guess what? The truck sounds noticeably different, and the damn thing isn't smoking under load, anymore, either.
The only thing that makes sense to me and the mechanic who's now looking at it with me is that the crack/leak in the return line led to a vacuum condition that sucked oil out of the valve cover, through the PCV, and into the throttle body. Does this even make sense? Is this cracked hose the possible reason that this engine has been consuming a quart every 200 miles?
Still remains to be seen whether or not the engine consumes oil, since I just got done doing all this Sunday night. Had my mechanic follow me, this afternoon, going up some fairly steep hills, in order to simulate load, and punched the accelerator to get the RPMs up to about 4000 at one point. No smoke. None. Three weeks ago, or so, I took it out, did the same thing--she produced a light, bluish smoke whenever the engine was under load, accellerating. Now, at least according to one observer, she's not smoking at all.
Did I mention I'd already sourced, and paid for, a replacement motor?

Gotta love it...