Well, still trying to get to a handle on this engine. Most of the web stuff that comes up is not really about this engine, and so far what does seems not to show the porting, a pain.
Any how, could the porting be slightly wrong, along with a leaking exhaust or intake poppet valve, all in hand with a lack of compression from a short piston?
Worked on a 4-53 jimmy once that would not run rite, would start and idle poorly, nearly die when opening throttle and not come to high idle, all while smoking very bad. If the exhaust was blocked half off or a bit more, would run much better. A bunch of head banging. Turned out a difference in early and later blocks, we had got pistons and sleeves for later blocks and we had early block.
What you don't know.
I need to check out more on Vincent Gingery's engine.