Hep with engine rebuildThe valve seats look pitted. Pistons appear to be 0.5mm o/s and don't look as if they have done many miles.
With the engine together, get a compression test hose with a compressed air type snap on fitting like this Use the hose to pressurize the motor, one side at a time and listen for the air leaking out. You should be able to hear whether it's mainly leaking down one of the ports or past the rings. Repeat on the other side and report back please. I suspect that the head will have to come off to have the seats and valves professionally cut. No, Left is too low. You should have poured neat petrol into the inlet/exhaust ports in turn to see if valve seat as they should while head was off. This is a pretty severe test but a good home mechanic bodge. Bore looks either re-bored or cleaned up with a honing tool. (or both, as it should be) Check valve stems with micrometer for wear and see if any side to side play when fitted into valve seat. Would this method not work: http://www.youtube.com/watch?v=QIVj_L1akl4
I would get ahold of loud mouse. He does head rebuilds for hire and does a really nice job. He does the valves, goes through everything and replaces anything that needs to be replaced including advance springs. When you get it back, it's ready to intall. Pretty reasonably priced too. I'd say it would be well worth it. Send him a PM for details.
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