I fully agree with checking to see what your progressive spark advance is doing.
No progressive advance, or insufficient progressive advance, and you will not get any performance from this or any gasoline marine engine.
You'll want to mark off your harmonic balancer up to approx 35* or so, and then strobe this throughout the RPM range up to the Full In RPM.
See your OEM Marine ignition specs.... DO NOT guess at this, and do not use automotive specs!!!!!!!
As for squirting oil into the cylinders for a pressure test; Note that with any V engine, the oil will tend to pool at the low side of the piston ring landings.
This is an old school test that came about during the age of in-line and vertical cylinder engines, with flat top pistons.
It works well on this type of engine, but does not work well on a V engine, or any engine with dished pistons.
If you are going to do this for a V engine, do not expect accurate results.
Use an equal amount of oil in each cylinder, as the oil itself will increase cylinder pressures simply due to the volume that it consumes.
This is not a good or accurate test for V engines, IMO.... unless you are somehow able to get the oil to remain at the perimeter of the ring landings only.
I could squirt oil into dang near any V-8 engine, and show you a false and temporary increase in cylinder pressures.
You may be better off doing a cylinder leak-down test.
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