Re: Compression
Could just be your gauge. Cheaper ones tend to not be accurate. Give the rings a couple of hours running time (With double the oil for break in) and see if it comes up some. Also, you must crank the engine over for at least 4 turns to allow compression to build when checking.
Getting back to break-in: When an engine is rebuilt, no matter how well you have pre-oiled it, it still is not the same as oil that has been heat treated in the running engine, and rings have not seated in the cross hatching of the newly honed cylinders. Thus: for the first few hours running time, you use double the oil and avoid prolonged full throttle running. Full throttle bursts are not detrimental but continued running can be. Note that I said can be --not will be. Note that racing engines are not given a break-in, but they also are not expected to last for years.