Portland Bill - The white smoke is immediately after a cold start, and then dissipates within a minute, or so, and it is gone until the next cold start. Would that match your injector theory? Anyway, I'll have some Redex in there shortly and will see how that goes. If no joy with that, I'll have a look at the boost regulator and boost valve.
Does anyone know if the light will simply go off once it is happy, or will it stick until it is told to go away?