Ahh ha, I may have been doing it wrong then. I had all the plugs in except the one I was testing, and the carbs weren't wide open. I'll have to try it again.
Regardless to the fact that I had done the test the wrong way, I was getting about a steady 90 psi out of each cylinder but then I'd stop cranking it over and bump the start button again and it would jump to 120. This happend on every clyinder except the number 2 cylinder which topped out around 110 psi. This cylinder I believe is getting washed down with oil from looking at the plug and the fact that the bike is smoking quite a bit when running (blue smoke). Could this be due to the fact that the valve are out of adjustment? The compression tester is a cheap one that I picked up at walmart... so it may be off, but I figured as long as they were all close it would be good.
Any ideas about the #2 clylinder? I was thinking possibly the valve guide seal is bad. I was planning on picking up a seal kit to replace it and the head gasket. It leaks a little oil out of the left side of the head which from what I understand is pretty common.
Any thoughts?
Thanks for your replies, I will have to do another test (the right way) and I'll let you guys know how I turn out.
Brian