I saw the compression test and wondered if the throttle plates were held open for it. 128-135 is pretty low. All plugs out, throttle open, take the compression reading on the third revolution on each cylinder. Just asking if that's about how it was done.
How long was it run pig rich? Possible you washed the rings?
Yes, engine cold (about 54 degrees that day). WOT 4 turns per cylinder. This engine has about 30K on it since build. I took the guy a "W" Tonwanda engine and he dumped a I'm guessing a rebuilt block with all the numbers off of it...and the counter balancer had a sleeve bearing in the rear instead of a ball bearing like I took him. He stole my motor, and I have been trying to figure this engine problem out off and on since 2011.
Frankly, I think somehow it running rich, is the problem with it not getting hot enough. (Richer mix = cooler combustion / Leaner mix = hotter combustion). I am putting together a computer to check the data with to see what it looks like.