I have posted on this problem previously but from a different perspective. I have a 383 that was rebuilt in 94' according to the paperwork I received with the car. The car was not driven until I purchased it. The trip meter now shows a little over 100 miles. After working through some minor issues it now runs and idles well.
The concern is the compression tests I did show 120 psi +\-3psi. This is cold, no oil squirted in the bore, all plugs pulled, carb open and allowed to crank 3-4 revs till it did not go up any more. I also checked the gauge towards a known motor So I believe it is reasonably accurate. It has been suggested that this may be due to the cam being installed one tooth off or being ground wrong. The cam is of unknown specs but the engine rebuilder had it reground presumably using the origional as a blank. The cam seems very mild. Nothing else on the engine in aftermarket. Heads are 906.
Today I came across some online info saying many rebuilds of 383s end up with low compression (8:1-8.5:1) pistons. According to an estimation table (I know there's many factors) the compression of 8:1 corresponds to 117 psi. Given that, is it worth the effort of removing the engine timing cover to check the cam timing marks?
John