The explanation make perfect sense....that the new plug is attempting to burn off all the extra oil and fuel in that cylinder so it takes a minutes for it to "heal" itself.
As far as me addressing the oil burning cylinder....I'm just not going to do it.
I really lack the experience to change the valve seals, and because it's just one cylinder (Cylinder #1, driver's side, closest to the radiator), I kinda doubt it's a valve seal.
My buddy recently replaced the intake gasket and he's successfully done a few hundreds of these, so I doubt he screwed that up.
It could be a worn valve guide, and I'm not pulling the heads off this engine to fix it. Not worth it. It could also be a broken ring, and I'm also not pulling the heads off to fix that either. This is an old engine with 200k miles on it. A new GM crate engine for this truck is about $1600. When the engine dies, I'll probably replace the engine with one of these OEM crate assemblies.