OK, happy feelings gone.
I made up a leak-down tester based on some articles I found and my parts box, then went to work using it ,y newly built tool great excitement.
I ran the tests at low pressure to start and found #'s 2,3,4 and 8 to be in the 15% leakage range. Really good for a cold engine that has sat for years. #'s 1, 5, 6 and 7 were not so good. Some were getting well over 50% leakage. I upped the pressure and rocked them back and forth at TDC, readings did not go up much. The engine was producing ample power when it was shut down. Something had to be up.
I pulled the pan and valve covers back off. Tapping the valves on the bad holes with a mallet lightly did improve readings to 25-30% on those cylinders. So the valves must not be seating so well, perhaps some rust on the valves and seats that were open. Then I looked closer at the cylinder walls, and now that the pistons have traveled from their resting spots back and forth a few times, things look different...there are signs of rust. Slight, but rust. Damn.
I knew the heads were coming off, but I am guessing now at the very least I need to pull the pistons and dress the cylinders with a hone or some scotch-bright depending on condition? I would guess this rust is being generated from the rings, and causing them to not seal as well?
I knew it seemed to be going too well.
Another set on Flickr here:
The new tool looks happy...
This not so much...
~Jim