Inliners International Forums General Discussion Engines compression rings = oil rings?

Your pressure numbers seem reasonable and even, as already mentioned. If the engine is smoking, or burning oil, you need to find out whether it's from the worn cylinders/rings or valve stem seals.

In general terms.... The seals would leak oil into the combustion chamber especially at idle and deceleration, less during acceleration. Ring/cylinder leak works the opposite; smoking more under acceleration and higher rpms. If the engine doesn't smoke much when you come to a red light, and sit there waiting for the light to turn, but then puffs out a lot of smoke when you take off, that's likely the stem seals seeping through during high vacuum, then the pooling oil will get burned quickly as you accelerate and airflow through the engine rapidly increases (as well as exhaust manifold temperature).
Not sure how well this applies to your engine.