Many things can cause low compression.
-A 1G Turbo should be 155~165ish with no more than 12psi variance and should be serviced if at 120 or lower
The symptoms tied to the low compression and the location of lost compression (leak down) help to give a better idea.
I did it at lunch with Jordan - never really checked where.
Last time I did a comp/leakdown at LR last December I was 130/140/125/140 and leaking out the exhuast on the leakdown - I am sure it is the same - just alot worse - especially on #3 :wink:
Smoke came out of the valve cover when doing #3 (go figure)
Whatever it is however, opening it up is my next step. It will help narrow it down.
Likely new pistons (landings), rings and a hone will take care of whatever it is.
Next question is what to do - fix ($1500) upgrade/fix ($2000), stroke ($3000), do it right ($6000)