WhaLah! She started!
Put in new valves and springs. Cold compression was still low. Put some oil down the plug holes which if you've ever done it, makes the bike hard to kick. Had to do the jump kick and Vroom! Lots of smoke of course. Ran it for a couple minutes and when I turned the key off, she kept running. Had to pull off the plug wires. I guess it was dieseling.
I think compression is the issue. I'll see how things go with the ignition strobed and the carb dialed in and a bit of break in.