Re: Compression question.
Good running 25hp OMC's from that time period will have about 120 psi +/- 15psi of compression on MY gauge. My suspicion is that they had about 125 or 130psi brand new, although no compression figures for any motor were ever published by OMC. Since everyone's gauge seems to read different from mine, I'd go with the less than 10% difference method as mentioned. Personally, I don't think you'd ever get it started with just 60psi of compression, or 70psi. If it were really that low and one was actually successful in getting it started, there's no way it would idle properly.
JUST MY OPINION!!
JBJ