I was wrong, I was running at 25 Deg timing (up from 20). I split the halves tonight and found another issue. When i pulled the read cage off to remove the two bolts, a screw fell into the bottom of the block (that I didn't take out). The screw that holds the labyrinth packing had apparently backed out, enlarged the hole in the lower half of the crank and wedged against a reed valve. It's been this way for a long long while, it wore a nice little divet in the inside of the reed plate cover, and wore the reed stop in a spot, there was one tiny little place on one of the reeds that you could see it rubbed against, but no damage. I bought a new bolt, used red loctite, and put some oil/gas safe epoxy to help keep the screw from moving, it all went back together well. I'm wondering if that bolt wasn't keeping a reed closed. If that screw would have fallen into the motor with it running it would be scrap. I'm awaiting the gaskets to put it back together, The head was decarboned when I replace the head gasket. I also noticed that the upper bearing was spinning on the crank (inside race). The crank looks to be slightly worn, I put some red loctite on the shaft and replace the bearing (suggested by a mechanic friend of mine). I am beginning to wonder if this motors days are numbered.