OK leakdown test 100% FAIL !
TDC on compression stroke and 15psi of air = air coming out of oil filler tube. When I close off the oil filler tube I can hear a little coming out of the carb as well.
The plug we had in question (cyl 3 on the passenger side) had some oil on it and I did not even have the wire hooked up-oil was clean and that is the cyl I tested for the leak down.
So we are not going to mess w/the engine any more.
FOR SALE if any one wants a engine to rebuild.
Thank you all again for the help,
Jim
P.S. Now the fun starts