Update: got a little rain shower and went back at it.
I found air in the loop between the fuel tank and filter. Filter sits below the fuel tank. Interestingly it's happening on both sides. It's possible it's been like that forever, as once cleared there doesn't seem to be any new air introduced when fuel is flowing. In any case I cleared it, pumped a few gallons of fuel through the system and proceeded to the motor test. I'm certain that it's not causing the motor issues so I put it down the list.
Put motor fully back together, changed the oil, bled the IP and injectors, cleaned the bilge. I'm getting good at that stuff.
Motor still doesn't start willingly when cold. Once fully up to temp starting is OK. Could be compression related but also could be timing related.
Went out for about an hour, and nothing has really changed.
Someone mentioned a compression test earlier, and I agree that this might be informative. I am lumping this in with the excessive blowby for the time being, hoping that the conventional wisdom on cause-effect is not necessarily applicable to my case. If I had a tester at hand I probably would have used it by now, but I don't.
So that leaves injector timing. It's possible that the shop has timed the pump to a different mark than the one currently set to on the motor and looking back at my bumbling fumbling unmounting and mounting of the pump I realize that this could have happened without my awareness. There is a pump locking protocol that prevents this from happening, but I didn't follow it. Saw the keyed shaft and in my ignorance didn't recognize the dangers of not sticking to this protocol. I didn't intentionally skip this step, but had some issues with the locking and didn't take the time to repeat the process after I inadvertently unlocked it.
I've read that there is a timing mark inside the pump that can be checked to confirm TDC, but that requires breaking the seal and I don't think I'll go there.
Next step: make absolutely sure pump is locked to (motor) TDC, pull it and visit my buddies at the injection shop. Should be an easy check for them to make. Shop is close to my home and it's about time I showed my face there anyway.
Wish me luck!