I've got a problem with my wife's Vitara. It's blowing blue smoke real bad on start-up and after it's been idling then you drive off.

It's been fine until last thurs. Never used oil before.Just all of a sudden got smokey. Timing chain has been a bit noisey but not too bad (it's already had new chains about 2 -3yrs ago).
Does it sound like valve stem seals?
What are like to do on these H20A V6?
Is it really worth fixing or do I find a second hand motor?
Ideas please.....