Nice, last of the blade bumper models by the look of it, and in classic brilliant orange although I have a pet hate of eye brows, but each to their own. Smoke on start up is normal if its been sitting, as oil drains into the bores. Although if the fuel pump has been changed for a aftermarket new one, which tend to run too high a pressure, you can get problems. You can check this by monitoring the oil level to see if fuel is getting into the sump. Should be able to smell it too.
"There are three sources of wisdom; illness, misfortune and enemies."