yep,i can hear a sort of cracking sound and then the engine stumbles...could be lifters not acting correctly and a valve kissing piston due to not fast recovery?on other hand that would not explain the stumble and white smoke...it appears that with the vanes more closed it does more often,so it could also be with pressure related...
did you ever had a certain of what it was?from what you say is exactly what my car does,exeptit only makes the craking sound once...