True Synthetic oil can make and odd smell when burned. It could be the base oil itself or the additives blended with it that create the odd smell.
In a truly unfair labeling allowance, some synthetics are simply a step more refined crude oil than actually created molecule by molecule.
Was your synthetic oil PAO?
Compression:
If the valve can't work, air entry (to be compressed) enters the cylinder through the spark plug hole.
If you plug the hole with your finger when the piston is at top of stroke (and no other valve action), your finger becomes the air control valve, and the cylinder can create vacuum only and no pressure.
If you plug the spark plug hole with your finger, and the piston is at bottom of stroke, the pressure will likely will blow your finger away from the hole (releasing air), until the piston reaches top of stroke, whereby it can only create vacuum until your finger is ingested.
Pressure, or vacuum is created by the piston changing the volume that is containing the gas.
The CB550 has a 9 to 1 compression ratio. The cylinder volume at the bottom of stroke is nine times more than when the piston is at top of stroke.
(Formula is: swept volume + compressed volume to Compressed volume.)
The piston itself displaces 136cc during its travel. This means the final compressed volume is about 15 cc for 9 to one comp. ratio. If your tester adds 10cc at the spark plughole, you reduced the comp ratio to about 6 to 1.
There is a FAQ entry to explain this.
If this can't be understood clearly, I'd recommend using a leak down tester instead of a simple compression tester.
Cheers,