Well I'm back and have to admit that I didn't listen to the sage advice given early in my dilemma. Compression test ? Hmm, the motor turned over pretty even without a uneven speed (dead hole jump in rpm each cycle) , idled pretty well all things considered, and not much of a miss until after 10 minutes of 3400 RPM running. I am surprised the motor would idle with only three holes firing!
Bottom line is I did a compression test yesterday,
#1 120
#2 ZERO!
#3 100
#4 120
As bad of news as this is, I'm rather happy to get to the bottom of the loss of power issue. At least now I know what I'm dealing with, the head is coming off later today. As this episode evolves I'll start another thread if I need more advice, I promise I'll listen to the sage advice that is so freely given by those with more experience in the future. My apologies to Chief, Alldodge and Funtimes and anyone else who suggested the compression test.
Mike