Once you finish the compression test post the results They will be a hair low from having a cold engine. make sure you pull the all the plugs, have your carb at full throttle with the fuel line pinched off or plugged and battery charged up with the charger on it while cranking. do not over heat your starter.Good!
Great time to have the new pump drive in , get the balancer mark at TDC and install that pump drive with the slot running front to back not cross ways. May take a couple stabs ( :
valve covers off so you can see valve train/ rocker function and oiling. Just toss a old towel along the bottom edge of the heads.
Once your ready to get things back together barrow a dwell meter if you do not have one for setting the { New } set of points and condenser.