Then why would it be blowing smoke now and not before? I never touched the valves.
In my line of work , I hear similar responses to problem all week long ---- you say " Then why would it be blowing smoke now and not before? " ---- I'd say it has to break sometimes , so why not now ------ my favorite is " it ran till I turned it off at lunch and then it would not start back up , there can't be anything wrong with it " , Dude it don't start , so apparently something is wrong
----I am not saying it is your valve stem seals , it would be the most likely thing from my experiences , the rubber seals get brittle and deteriorate ----- could be your rings as they will get stuck to the piston on a long sleep , especially if the carb overflowed some good corn gas into the cylinder during it's nap -------- have you seen oil consumption on your dip stick - did you do a compression check
if it sat up , the carb could have stuck and over flowed into the cylinder and leaked down into the crankcase , diluting the oil , then the gas evaporates over time and the level on the stick goes back down some , you might have been low to start , it looks ok but the oil is diluted and it starts smoking
maybe the carb is extremely over fueling and your smoking unburned fuel