I’ve done enough compression tests on anything with wheels to know that 130 PSI sucks. I suspect this kind of BS is perpetrated in part by Chilton’s manuals. They all say that 130 is great. One of those manuals even states that 150 on one cylinder is fine and 110 on another is perfectly acceptable. Not.
Same Chiltons that says 6 PSI of oil pressure at 1800 RPMs on a Buick 3.8 is normal and good.
The only auto engine in which 120 is good is an air cooled VW Beetle and that’s only because of their 6 to 1 compression ratio.
The rule of thumb is 20 X compression ratio at sea level. Subtract a small amount for altitude or a barometric pressure change.
Some of the so -called domestic brand cars back in the 70s smog era would run somewhat lower than usual compression numbers (say 170-175 or so) but it wasn’t because of engine wear. They ran the camshaft timing retarded compared to the prior decade where horsepower was up.