I think you're definitely on the right track,
The valve cover gasket sure does sound suspect in this situation, given your past experience.
The trick to finding and diagnosing oil leaks is having a clean engine to look at.
That's where I'd start. Get some engine degreaser and clean the components of the oiling system: Oil pump, oil pan, Oil cooler, sandwich plate and lines (when applicable), oil filter, valve cover gasket.
Since the oil is apparently burning, or dripping onto the exhaust manifold, it leads me to believe that it is indeed your valve cover, because that's simply the highest point in the oiling system. I'd change this as soon as I could.
This post was edited by OldAndyAndTheSea on Mar 7 2014 10:28pm