Larry,

On the O-200 I had the exhaust valve guide was busted up. This could cause 
you low compression. How about the oil temp? Is it ok? On mine it was fine in 
humid air or in the winter months. I would at least pull the exhaust off of the 
cylinders and do a visual on the valve guides. One more question, Are they 
millennium cylinders?
I heard nothing but bad about them.  You can get an overhaul kit for about 
3k. I comes with 4 cylinders (from continental), and if you are an A&P you can 
sign off the overhaul as major.


Chris Theroux     
Gilbert, AZ

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