This thread is starting to evolve.
In diagnosing internal engine conditions there is a "tree" type of growth of diagnostic procedures.
FIrst start with cranking rhythm.;
Ground the coil wire, or remove primary ignition wire.
Then crank the engine over for 10-15 seconds. Just as if you were trying to start it. Listen for any abnormalities in engine speed, does it get faster, then slower, or just a steady rhythm.(Lot easier(easier being that the Lucas was slower and so the variance would be more detectable) test with the older Lucas starters).
Then Open the throttle and repeat the test.
Start the car and let it run to operating temperatures. Shut it off, remove the plugs, jam the throttle open, ground the coil wire or remove the primary ignition. Battery fully charged, insert the compression tester(strongly recommend a screw in type) then crank the engine over for 8 seconds each hole. Watch the needle on the compression gauge and see how it rises. Does it jump up to pretty much full pressure first couple of revolutions, or does it go up only part way each revolution, building to highest pressure?
Then you perform a leakdown test. If needed. Compression gauge and vacuum gauge are invaluable diagnostic tools. Might take a few tries at using them before you learn the intricacies of what "clues" are being given you.