Schurkey and all you other guys that have suggested a compression test forgive me for sounding and being so stupid!!!! Laying here awake after ingesting massive quantities of Mexican food it hit me that a compression test can point out other things than a worn out motor! DUH on my part. Things like "valves hanging open" such as I wondered in my opening paragraph and most everybody else threw out as a possibility. How stupid that I didn't see the forest for the trees, so to speak. Duh. Duh. duh. I've always thought you did a compression test to determine how bad the motor was worn before you rebuilt it. Never occured to me that it could also point out that the valves weren't closing. Duh again. Thanks fellas.
Chapter 4 of my new book will be titled "Pay Attention".
Other possibilities?
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frittering and wasting the hours in an off hand way....
1969 GTO, 455ci, 230/236 Pontiac Dude's "Butcher Special" Comp hyd roller cam with Crower HIPPO solid roller lifters, Q-jet, Edelbrock P4B-QJ, Doug's headers, ported 6X-8 (97cc) heads, TKO600, 3.73 geared Eaton Tru-Trac 8.5", hydroboost, rear disc brakes......and my greatest mechanical feat....a new heater core. 
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