Turned it over by hand and no uneasy sounds came from the motor, put in a charged battery and pulled the coil wire off and removed the plugs squirted oil in the holes gave it a spin sounded pretty decent. Ran a compression test 1st & last hole were 120lbs the center hole was 110lbs
Put everything back together drained & cleaned the fuel tank and fired it up & ran good but smelled like it was VERY RICH adjusting the Zenith carb made no difference. Pulled the air cleaner and it looked brand new Scratching my xxx I noticed that the air intake was almost melted closed, removed the plastic air intake RICH CONDITION SOLVED. Still didn't solve the compression difference so I figure it's a burnt valve or blown head gasket.
Upon more investigation the innards don't look bad and I can see that the hour gauge could be about right with the lack of sludge build up.
Whats your thinking???