Roebuck, personally i like these motors, when they're running right, but they are a pain in the a@%e when they're not. Yours was built on the 233rd day of 1995. Victa used them between 95-96 and then scrapped their use and went back to the Briggs quantums instaed of these. I'm no expert on these but i dont think that's s decompressor setup, i believe it would be the governor setup, which should sort itself out when its going.
Lining up the dots is a good start, but why pull it apart if the comp is abnormally high. First thing to check would have been to see if it was hydro locked and then the flywheel keyway.
Good luck, sorry i cant help anymore.
Cheers, Theo
