Seth, my 85hp 37 has about 70lbs compression across the board and runs like a raped ape, no loss of oil.
That's what I'm experiencing with my '35, testing lo on all cyl, one at 40, one up to 90 on the high side. Two at 80, two at 60 and two at 70. She starts up right away and I've driven her on a 100 mile trip a week ago, no problems. I just did the comp test today and now i'm concerned! Should I be? Doesn't use any amount of oil and no smoke! I'm guessing valve job in order.
Drive it for as long as you can stand it. I finally got tired of adding oil, the blow by out of the breather and clutch chatter from a wet clutch disk. If your engine is giving you satisfactory proformance, enjoy it as is.
Yes, I think that's exactly what I'm going to do Seth. I drove it 60 miles today to a friend's hanger and we did a warm compression test and results were a little different/better but still on the low side. She runs great, uses no oil and no smoke so I'm gonna keep driving her and enjoy the ride!