A friend recently purchased a Mooney M20J with an IO 360 A3B6D with approximately 600 hours on the engine since major overhaul through a respected engine shop. Logs are pretty complete all done through a Mooney service center in Florida since new. The only thing I don't see anywhere is the 500 hour service to the mags. The elevator controls were really stiff but, through great feedback, we resolved that easily with proper lubrication and cleaning. Anyway, he purchased it about 2 weeks ago and flew it to Northern California form the Phoenix area feeling it ran well. He wanted me to fly it last weekend. It felt rather rough on start up but run-up felt smoother with mag drop WNL. Applied power and I thought this was accelerating kind of slow. I passed this off as being used to my -9A. Climb out was dogged to say the least climbing at 400 fpm at 85 kts from an airport 160 feet MSL. I immediately returned to the airport thinking this wasn't right. My friend is an A&P and as a favor, started to look things over with me. We checked plug wires then plugs. All good except for #1 which had a pretty good soaking of oil top and bottom. Compression was 0 on #1 but 78 on the others. Staked the valve with no improvement. Definitely heard the hiss of air through the exhaust so, naturally, we thought the exhaust is valve stuck open. Borescope showed good movement and minimal crud on the seat. Cylinder walls looks perfect. We lapped the valve and checked valve guides. Compression came right up to 78/80 so we thought we're home free. Nope! started her up and still runs really rough. #1 is notably much cooler to the touch than all the others. (The insight CHT/EGT gauge is inop). Checked fuel flow at the injectors and is even all the way around. Restrictors are clean. Starts well but runs very rough. Swapped plugs around but the problem stayed with #1 cylinder.
So, I've got compression, fuel and air and the only thing I can think of that's left is spark. It's not the plugs since the rotation changed nothing. This has the dual (2in 1) magneto we all love so much but the mag drop on a run up is about 75 RPM. My A&P friend only works on airline jets for the past 25 years and he's stumped as well. I'm at the limit of my skillset and this is a certified plane so I can't really go any further, nor would I. He's going to try to find one of the local A&Ps that work on the field. I would really like to understand what could be the problem. I don't know how much resistance the plug wires should have but measures at 70.5 ohms. Any ideas?