Congratulations! A good lumpy cam will have overlap decreasing dynamic compression. So go for whatever static compression the cam maker calls for, or have a more sluggish motor at lower rpm with lower CR. If the burnt valve is the heads only problem, GREAT.My experience with CR and overheating is that it isnt an issue. Ran a 7:1 or worse 292 in the truck, and changed the engine to a 9.2:1 CR 292, and essentially no change in heating, at least that is attributable to the compression. The heating issue I have in traffic on hot days has more to do with my $15 Chinese electric fan
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