Ok, here's where I'm at.... drilled out main jets and dumps to .125", replaced base gasket, squish is at .046, replaced all cool head orings, replaced all reed/intake gaskets. fired it up and still running lean as shit. I did find while I had it apart that someone before me bottomed out the 2 inside intake bolts on the right cylinder enough that they broke through the back. It does not look like it did anything to the integrity of the interior cylinder wall, but I'm wondering if air might be leaking around the end of the bolts. I'm going to put some thread sealant in there tonight and see if that does it. If not, I'm heading out to buy supplies for a leak down tester.
I've already run into a bad stator and busted through intake bolts on my new motor, so what's a couple crank seals ::
O, and I forgot to mention the insane amount of play in the rod bearings. FML