Jody - I'd add to this that since I have aluminum heads - I don't like to pull the plugs with the motors at temp... so this quicky test was done on a cold motor that had been running pig fat.. and no rocking the rings or any other trick to make sure everything is just right. My guess is that if I tested this motor at operating temps - rocked the rings etc - that those numbers would be noticeably lower.
Regardless of that... this was a $3800 (net cost) crate motor... so I wouldn't expect the same results on a max effort build. If it makes it through the summer cruising season - I'll be happy! Seriously! I've already been working out what motor SHOULD be in there. And once that happens - around here (my house) - that's as good as DONE.