Startup up vid is not unusual for 2.5NA, as you say the white puffs are unburnt fuel as when cold the fuel doesnt readily atomise due to the non direct injection design and relatively low compression ratio (for a diesel).
As for the increased crankcase pressure, this would indicate worn rings as you say, I have rebuilt these engines and in my experience a fair bit of crankcase pressure is normal. From the vid I dont think its the head gasket as you would have noticed other symptoms such as loss of coolant or increased pressure in the cooling system, the steam is usually condensation in the crankcase vapourising or oil mist. To be sure I would carry out a compression test and cooling system pressure test, as long as the cylinder pressures are roughly the same I would leave it but if 1 or more are significantly down I would think about doing something. If the cooling system fails a pressure test (10psi for 10-15mins) then its time to look for a fault, possibly the head gasket.
I also have experience of engines rebuilt for ABRO (not by ABRO) and would say it doesnt guarantee a 100% healthy motor!!