If you had a collapsed or stuck lifter it would show up on a compression test, pure and simple, because you would have bad numbers on all cylinders or a wild variation between cylinders. You keep going back to seized lifters, but keep reiterating that you had good compression both before and after you adjusted the driver's side valves out 3/4 of a turn. If the injectors are firing a good pattern and fuel pressure is where it's supposed to be, then all you are left with is spark or spark timing. I say that not only because of the compression test, but because you say it doesn't try to hit at all. If it had strong and well timed spark, coupled with the fuel and compression that you say it has, then you should at least get a backfire, afterfire, pop, or something. When I was a kid, I tried to adjust the valves on the 305 in my '79 Chevy. I DID adjust the piss out of them as Ryan mentioned, and bent nearly every valve in the motor, but it still spit and sputtered and tried to hit on a few cylinders.