I have some new information since I got help from my dad:
1. I put the regulating valve back into the pump. It had been thoroughly cleaned.
2. I let the engine run hot by idling for 1h and kept playing with it, also driving uphill in the driveway. I figured that the hot engine would warm up the diesel fuel in the pump and ease the looseing of sticky gummed up fuel or something similar. I did not help at all.
3. When sitting in the car and playing with the pedal/throttle everything sounds smooth and the engine is not shaking besides the small hickups and problems reaching max rpm at approx 4500 rpm. Similar, the engine becomes "confused" when driving uphill in 1st gear and for the last 50% of the pedal stroke, nothing happens (with smoke generation).
4. As mentioned before, the engine sounds good in the engine compartment at lets say 1500 rpm, but at the exhaust, there are noticable more hickups and misfirings with smoke generation. Hence there is a definite difference between the exhaust pipe and the engine compartment.
5. I put a piece of paper below the exhaust pipe and noticed that the exhaust spits out some oily substance at elevated rpms when the smoke is generated also. Nothing is spitted out when the engine is idling only. I cannot figure out if the oily substance is diesel fuel or engine oil - my own laymans guess would be engine oil.
6. Without sufficient knowledge I would now think I have at least 1 faulty injector which isnt able to open sufficiently (it opens at low load, but not sufficiently at high loads). But I had all 4 injectors tested in a professional workshop 2 years ago where the specialist told me that their spray pattern is almost like new. I admit that the injectors have been laying around for 2 years.
Lucas