As a general indication, ride the bike and observe if under accelleration blue smoke increases then its most likely to be piston rings. When decellearating quickly, i.e. throttle off, coast and then blue smoke emits its more likey to be inlet valve guides or their seals.
This road test is more informative than a static test which can depending on how bad the wear is can also indicate what's most likey to be the problem. However, the very least is the head has got to come off so with the exposed cylinder bores you might also get a visual clue as to the probability of the rings being worn as well.