Thank you all for the input. Found a shop that could do a proper compression test to determine if its the valves or rings. Still was quoted about $3500 for redoing a single head and about 4k for both heads. They quoted from the book that its 20 hours to pull a head. I dont like "the book" .
That leads be back to about $6k for heads and timing chain or $9k for engine at another place.
This may sound blasphemous, but I'm really wishing I had a Toyota Landcruiser right now! Timing belts are $900 to change!
This morning for the hell of it opened your compression check video.
*** was that?
Firtst time in over 55 years ever seeing a compression check done on a running engine vs by starter cranking speed.
I bet off the starter you had 75 psi at best.
On another note a cheap cylinder leak down tester;https://www.harborfreight.com/cylinder-leak-down-tester by Maddox-64918.html at $80. Best part is has twin 0-100 psi gauges.
On a El Cheapo live the Pittsburgh brand at $25 which is a POS in my book and the same item given to me by a friend given away NIB.
They zero out at 16 psi inlet pressure much too low to do a proper bleed down check plus their regulator leaks, pressure keeps creeping up then 0-100% scale is off.
Our FAA regulation standard is 80 psi inlet gauge pressure with 0-100 gauges, direct reading percentage off second gauge.
At 80 psi the most accurate plus allowing hearing hissing in oil filler, intake and exhaust valves.
The "El Cheaop" had" a 0.040" restriction orfice which I replaced with a 0.029" orfice plus twin 100 psi gauges. Now able to get accurate leak downs on 2" to 2.75" bore motorcycle engines.
With he 0.040" orfice it would make a small bore engine read only 3-5% leakdown when in real life the worn out engine having a 14% leak down. Circumference ring area difference of app 2.25 times. Then it's just a rough (ruff) reference tool and not an accurate one.
As with fellow aircraft mechanics, "if you can't work on it don't own it" regarding mechanics owning their own airplanes.
Do it yourself and save thousands unless money is no object.
All the best on your repair adventure.....~~=o&o>......