Well I've gotten a lot farther with this. I pulled the head and verified that the TDC mark is indeed TDC. I pulled the cylinder and the base gasket was soaked in oil but solid. When I got the engine out and was looking at the cam gear I saw the decompression controller. I wasn't aware they were on the leader engine. At rest they open the exhaust port a crack to make it easier for the starter to crank. I saw the spring just not fully hooked but caught on the Allen head screw that holds it together. This meant that it didn't have full pressure to hold the exhaust valve open. Thats why I got 150 psi compression. with that working I should have had a much lower compression. It's why you can't really do an accurate compression test on these or the Quasar engines. I can't remember if the S50 had one. The spring holds the counterweight down so that the valve is open. When the engine starts it turns with centrifugal force and closes it down. Could this be the problem? I don't know but it's the only thing I found out of wack. I cleaned it all up and drained all of the oil and cleaned the oil sump out. As I was sliding the cylinder over the piston as I have done several times before the scraper ring broke. I have an order in for all new rings and spring clips, I'll pull the piston and put it in the cylinder first. Here is a picture of the loose spring: