Well, I did a quick google search and burning oil usually results in blue tinged smoke, fuel is black, white or grey smoke is just steam, OR worst case scenario burning coolant from a blown/leaking head gasket.
*edit*
How much smoke are you guys talking? Mine does smoke at start up/wot sometimes, but nothing I'd consider ab-normal. I was thinking it was a MASSIVE cloud, which is not normal. At tip in you will likely see black smoke but you shouldn't be seeing it continue as you accelerate. How long the truck has been running does impact this. Hotter engine = less black smoke