First off, thanks to everyone that replies to posts on the forum. The attention to detail and thoughtful posts (not just to this thread but all threads) is amazing. I learned a ton today about powder coating.
Ok, onto the good stuff. I started diagnosing my compression tester and found a faulty schrader valve. After replacing the valve the compression tester worked great.
The numbers (in order) are 130, 125, 125, 120.
Also, I took a pictures of the plugs (
http://matthewpbrown.com/cb550/images/DSCN0724.JPG and
http://matthewpbrown.com/cb550/images/DSCN0726.JPG) to help analyze the problem. It looks like #1 has seen fire but not much. The plug was wet of fuel. I want to add that I have tested and received spark to #1 with the plug attached to the wire and grounded to the engine.
In the picture you can see that plug #1 (the one that looks almost new) and plug #4 are the two plugs that are in the best shape. Also, I got in touch with the old owner of the bike. He said that the points and condensors are new and have been adjusted with a dwell meter and timing light. He also rebuilt the carbs, including new floats, but they are "syncronized to each other but not to the engine." I assume that this means that he has not used a manometer (fluid or gauge) to syncronize the carbs. Also he mentioned the main jet is not "set."
Can the points be out of adjustment? And if so, would it cause the vast difference between plug #1 and #4? Or is it more likely a carb issue?
My plan of action:
1) Build a manometer
2) Remove the airbox and insure that the throat of the carbs are clean of obstruction and the carb is working properly
3) Research carb adjustments (using the manual and this forum)
a. I have a small amount of experience with similar carbs from racing karts but I have yet to deal with more than 1 cyl
4) Clean and re-install the plugs
5) Adjust carbs to stock settings
6) Syncronize carbs
7) Tune carbs (air/fuel)
Adjust carbs again if needed
9) Drive around for a bit
10) Pull plugs again and inspect
As always, help is greatly appreciated. Thanks!
Matt