Hmmmmm, 198 issues

There's a really good chance of cutting or even eliminating the oil burning.... I've had v8s that were dang near that bad and solved them with new valve guide seals. The good news is that if you have Access to a good compressor (well, compressors---- air and valve spring) it can be done with the head still in place. Other things to check out are the pcb system (they love to "coke up" and plug the vacuum nipple on the base of the carb meaning pressure can build up in the crankcase, just the thing the PCV system is meant to alleviate.