Well, I got to the boat again today and I think all is ok with the engine. Just over propped. I put it out of gear as suggested and reved it, momentarily, to 3100, unloaded, and no smoke. Didnt even smoke when starting and North Baltic Sea suggested all Volvos smoked on start up. Tried to get an oil sample but trying to wipe down a dipstick into a jar just doesnt work very fast. Gave up and decided to wait till tomorrow and get a siphon pump.