Its all good.
I think Ron at RBD could definatly do some magic with my 300 head squish-band. However, I think its running just fine.
I took it for a three hour ride at the local hill area and just rode and had fun, and then another ride in the sand dunes. After all of this riding I did another compression test. This time I got 165 lb. on three separate tries, each with 4 0r 5 kicks at wide open therottle (as previously suggested). The results were consistant and well within my expectations. Heck, its even a slight improvement over the previous result of 160 lb..
I did a leak-down test too and she held 165 for 10 min with no signs of leakage. After 10 min. I was satasfied that it was just fine.