Are you still getting coolant in the oil?
Any oil in the coolant?
Here's what we know at this point:
3 different heads/gaskets.
Smoke immediately on startup, along with raw coolant dripping from the head/exhaust. Cyl 3 filled with coolant with the plug out.
This indicates a LARGE coolant leak into the cylinder, as it seems it is simply running into the cylinder even before starting the engine. At that point, there is NO pressure on the cooling system that would force coolant into the cylinder. Also, with the engine running, with that large of a coolant leak, it should be pressurizing the cooling system, and blowing coolant out the radiator....except it's blowing it out the exhaust.
Wherever the coolant is coming from, it HAS to be a fairly large leak, imho.
I'm glad you're sticking with this, at least for the time being. I'da prolly gave up already! If it were me with this problem, I would pressurize the cooling system, and use a bore-scope down in the cylinder to see where the heck it is coming from. I would prolly also pressurize the cylinder at TDC, and see if it blew coolant out the rad.
Gotta be something we're all missing here, somewhere... :headscratch: