Re: Compression question - 50hp 2 stroke
Bond-O was the first one with the completely correct answer. It's the ratio between the volume when the piston is down and when the piston is up.
High octane gas actually burns slower than low octane, as it is a more articulated (branched) molecule. The higher the compression, the slower the fuel needs to burn, and so you need higher octane. Ping, pre-ignition, is usually caused by too lean a mix, too advanced timing, the wrong octane or a localized hot spot (carbon buildup). Of course, it could be a combination of any or all of them.
When doing a compression check, it's best to do it with the engine warm. Typically, I crack the spark plugs loose, re-tighten and run the engine for a few seconds to get rid of any buildup that might be around spark plug threads. Air cooled aluminum heads are treated with a bit more care.
Then I look for three things. The first compression, how long it takes for each cylinder to get to full compression and the difference between all of them. 10% is acceptable on an older engine. Much more than that, and it's time to diagnose further (like with a leak down test). Exceptionally HIGH readings across the board indicate a modified engine or oil consumption issues. Examining the plugs will help you here.
Compression checks will miss a number of problems on an engine, such as worn valve guides, timing components as well as others. It should be used as a PART of a comprehensive analysis and not as the end all determination of engine health.