It is just a rough check to see if anything is really grossly bad on one bore or piston. I was just thinking of how could the OP look for a really bad piston issue, since that seemed to be a concern. I do it only for that reason: just some assurance that a 1-2 reeeeally bad problems aren't there. It does not quantify regular wear in any useful way or tell you anything about rings, grooves, etc.... A broken ring would have typically shown some compression improvement with oil (since the 2nd ring is now the compression ring), and some vertical scars in the bores. It sounds like that is not the case.