Hi
New on here but have been lurking for a while..just finished my dragstar 125 bobber and its going well..as you are having trouble thought I would offer a shoulder to cry on,all the above advice is good..compression is down but they are pretty even..check cam timing?..rust on flywheel could be a red herring?..my money is on camchain jump but have been wrong before.
I'm not far from you..got manual,got tools,if I can help let me know.
Cheers