Thanks for the comments guys. I remember testing it back in '99 and it seems that it was closer to GM280's numbers. When I initially saw 90 I was sure worried! GM- I certainly do not have much faith in the compressor tester from Harbor Freight, but as you both said the two are perfectly even.
I really like this old engine. I have had it for so long I would hate to see it go down permanently over something major. I would probably re-ring it though.
GM- I just took a look at your motor. The only difference I see in the our motors is the color. Good to see another one still on the water!