. . . what*i think is happening is*the head gasket failed between the coolant port and cylinder one which is causing the coolant to enter the cylinder and cause the miss which is also causing the smoke . . . disconnected the efi system and spark turned the key over and cranked it to see if i could see maybe hear or see bubbles . . . compression from the cylinders leaking back into the radiator and be trying to escape out through the cap? it all seems like thats what would be happening but then again im not to sure if thats a possibility. . . . see if i can get coolant to enter the cylinder that i can see through plug hole? tell me thats a way of checking? i also dont have my hands on a radiator pressurizer or compression tester... yet.... o o oreillies has one to rent for like 150ish a piece . . .
A blown head gasket is something you should certainly consider. Steam exhaust should smell like antifreeze rather than gasoline, but there can be more than one thing going on.
No need to disable the ignition and test while cranking. Go ahead and idle the engine while looking for bubbles in the surge tank. If pressure is blowing into the radiator through a blown head gasket, radiator pressure will rise and the excess pressure will exit through the pressure relief cap into the surge tank.
A simple compression gauge is cheap. They go for under $15 on eBay. If you can borrow one from O'Riley, that's great. But it won't break you to buy one.
I think a pressure test on the radiator is a very good idea. Again, if you can borrow the test set for free, that's the way to go. I personally just solder a Schrader valve and a pressure gauge to a bit of old copper pipe and connect it via the heater hoses. If you pump the cooling system to 15 psi, it should hold that pressure all day. If the pressure drops, it's leaking somewhere. Could be the head gasket.
If compression is low, and the cooling system leaks pressure, it may be time to pull the head.