its supposed to smoke mate,if it stops smoking then the engine will seize up its just the nature of a two stroke engine to burn oil.if its really bad then check the settings on the 2 stroke oil pump which is inside the transmission cover ,there is a round rubber plug at the front of the case on the left near the kickstart pop it out and look inside the hole and see if the small cable wheel is returning all the way to its stop on the pump and then open the throttle up fully and look to see if the marks on the pump and cable wheel are aligned.If they are not then adjust the cable with the cable adjuster until its right.also make sure your using a good quality oil as cheap ones are not worth the hassle use silkolene or castrol or another top brand.
adam bike doctor(of milton keynes motorcycle centre), January 2011