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You would have loved that drive we had on here a few months ago too. Christ, the pace we were all moving at 😊
It's quality when everyone is keeping up though.
Do the compression test wet with a bit of oil down each cylinder and see if it changes.
Probably is the valve stems though, like you say it's been like that for ages.
I've not heard of blown mk2's for ages, where are all these?
Can't see it being a problem with 630cc's. More like fuel pump failure or low fuel on track.