Uh, that really sounds like a blown head gasket. That's not a huge operation, nothing to be afraid of. You could start by doing a power balance test. To do that, you'll need a long needle (preferrably an embroidery one), a section of wire, and a place you know has a good ground. Start the truck, and one at a time, stuff the needle with the wire solidly attached to both the needle and a good ground, into the sparkplug boot. Listen to the engine. An RPM drop when you ground out each cylinder is a good thing. If you ground out a cyl, and the RPM doesn't change, it means that cyl is producing zero power, and has a serious problem. If two ajacent cyls. put out no power, there's a good chance that you have a blown headgasket between the two cylinders. If it's only one cylinder, check for spark and compression.
The same thing happened to me. Started making a loud whap whap noise, and it turns out that I had blown the headgasket between my #3 and #4 cylinders.
If you need help with the changing the head gasket, Figuarus just fooled around with his, and I think he's got it down to a science.
Good luck and welcome to the site!
-Ret