Hi Phil
Stop worrying about calculations to the nearest thou - we're talking 1950s not formula one. Start with a paper gasket under the muff, if the piston corner (top of the parallel side) is level with the top of the liner (as Bill says) or slightly below, stick the head on, and run it. You don't know what's going to suit you best, so start with the compression ratio the piston was designed for, you can always reduce it by adding compression plates if you're not happy. Lots of us run at 9:1 quite happily.
Good Luck.
H
Stop worrying about calculations to the nearest thou - we're talking 1950s not formula one. Start with a paper gasket under the muff, if the piston corner (top of the parallel side) is level with the top of the liner (as Bill says) or slightly below, stick the head on, and run it. You don't know what's going to suit you best, so start with the compression ratio the piston was designed for, you can always reduce it by adding compression plates if you're not happy. Lots of us run at 9:1 quite happily.
Good Luck.
H