Re: Milky Spark Plugs
Since apparently the block isn't cracked from overheating, I'd think it's most likely that the exhaust manifold gaskets got "cooked" and are now leaking & throwing water into the cylinders.
So, you'll probably want to remove the outer/inner exhaust manifold covers and replace the gaskets. Take a good look at the inner exhaust cover/baffle and if it shows signs of severe corrosion, replace it. If it's perforated, that's your leak.
Note that the back cover over the cyl block is likely to leak in the future due to the gasket getting "baked" so you might want to do that one at the same time as the exhaust manifold covers.
Use heat (propane or MAPP torch) to loosen the cover bolts if they're stuck, you really really don't want to break any!
It's also important to torque the cover bolts to spec when you're done. The back cover is around 80 inch-lbs for 1/4" fasteners. If I recall, the 5/16" fasteners on the manifold cover would be torqued to approx 150 inch-lbs. Any 1/4" bolts on this cover would have the same 80 in-lb torque.
HTH.........ed