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Registered
Join Date: Jun 2000
Location: bottom left corner of the world
Posts: 22,914
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Darryl, 120's for the compression test is not a problem. They are low compression engines. It's the amount of variation between the cylingers that count. And like the other guys said don't worry about a bit of smoke on startup. Get a good tune up done and change the oil to a good 20-50 (Castrol GTX maybe).
Why don't you just enjoy the car for a few years and decide in that time what you want to do in the way of upgrades (if any). Hang onto your money for the time being.
Bill '79SC
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