Re: 1994 120 force o/b won't start
Taking the head off and inspecting the cylinders won't hurt anything, however, with the compression at 140 (I assume this is 140LBS), I doubt that you will find anything wrong. I could be wrong but you never know LOL!
Correct me if I'm wrong, but you mentioned that even when you squirted some starting fluid or fuel directly into the cylinders, it still didn't fire. Even if the timing was off, reed valves broken, rings shot, wrong plugs etc it should at the very least, backfire or do something. Even though the spark "looks" good, it may not be enough to fire the plug under compression.
Did you ever check the stator windings? Also check to see that all six magnets under the flywheel are in place. This is just my opinion, and I am by no means an expert, but you might consider doing a few checks on the ignition system before you take the head off (and spend some money). Doesn't take but a few minutes and is very easy to do.