I seem to have had the same experience last week when putting the finishing touches on my 1.6TD rebuild.
Quite rough smokey cold starts (near 0*C) that I couldn't seem to cure until a friend mentioned this thread. With the pump set and reset and double checked at 1.00mm, I was running out of options. New glow plugs helped a lot - but the magic happened when early in the cold morning I loosened the IP, started the car and started to tap the pump to lean closer to the valve cover. The idle smoothed right out and the smoke vanished!! wow, right on!
When the IP was set at 1.00 mm, the cold start was rough and smokey, but ran clean and smooth with very little acceleration smoke at normal op temps. Now with the pump advanced, it's kind of the opposite - very little smoke on start up, but noticeably more black smoke under even moderate acceleration with slight power loss, so I'm not sure what to do about that.