They pop head gaskets about as often as any car when it's overheated...
Valve seals can leak oil and cause smoke when it is first started up, but it usually goes away as the car is driven - it burns up all the oil that leaked into the combustion chamber. Then if it is a fast leak, it will do the same after the car sits for a while (like overnight). If it is a slow leak, it will have to sit for a longer time for it to start smoking again (like a few days or a week)
Oil will burn with a tiny hint of blue, and it smells different than coolant. Coolant will just burn white.
Best way to tell if your head gasket is ok or not is to compression test the engine. Takes maybe an hour or two for someone whos never done it before. Not difficult at all though, I'd definitely recommend doing this
How to compression test:
http://www.300zxclub.com/showthread.php?t=98291