I'll go over the PCV system with a fine tooth comb, the only thing I can see as a possibility is if the
PCV valve itself is jammed shut. I don't see any way I could have missed any other possible blockages in the system. By Monday we should stop seeing snow here, and I'll be able to start digging into this issue.
So far my plan of attack is to confirm PCV funtion, and then pull the turbo out of the turbine housing and look for a caked on burnt up mess.
EDIT: I did the valve seals myself, just as have done dozens of time before. I don't see how I could have screwed them up. It seems like people are misunderstanding me here; it can idle at a light for a long time and pull away without smoking, but if I launch the car, wide open throttle (tiny turbo full boost at 2700 rpm) it will leave a little cloud behind. I've pretty well confirmed over the previous 8000 miles that the vast majority of the oil disappears when I'm cruising at 3500+ rpm. At that speed though it dilutes the smoke so much, that I can't see it by looking in the mirror. If it were leaking out of the engine at that rate, I would be washing oil off the back of the car, or I would have fire on top of my exhaust manifold, neither has happened.