When I was in the middle of my nightmare a few weeks ago, I got some post that the injector wires do go bad(Casper's sells a nice set). And if one of them ground out it will hold the injector open. Another guy told me he replaced his injectors and had a wire pinched, same thing, injector just dumped the fuel in. I emailed the vendor about my situation, and he said that it is rare for the injectors to go bad right away, as they flow matched the set that I got at the calibration table...
But to answer your question, I had the light gray smoke and you could really smell the gas odor... get a noid light at Advaced Auto for 15 bucks hook it up then start the car and you should get a pulse on each injector if you get something different you probably found your problem. After I put the new plugs in it still smoked for a while untill it burned everthing out.. I happy to say that I still have decent compression and the car runs awesome, darn spark plug... Chuck