Okay seriously, poor valve adjustment, clogged air cleaner, too much fuel pressure (can't remember the proper setting right now) all can cause excessive soot. Also, you should check all of your intake clamps around the intercooler, turbo, and intake horn. Low boost can cause soot. Another thing to possibly consider could be the EGR valve, but since I have a 95, I don't have an EGR, so I can not comment on that further.
Oh and one more thing, did you use the correct lube on the muffler bearing?