What's the best way to find a dead cylinder?

Not yet, but I think I'm narrowing it down to an exhaust leak and perhaps an exhaust valve problem. My buddy is going to contact me in the next week or so and we'll do a compression and leak down test at his very well equipped garage. Again, thanks everyone for the excellent suggestions. Once I find and correct the problem, I'll publish the results.
Exhaust leak?? NOPE. Now an exhaust valve is a possibility. Should hear a little kind of "pop" at the tail pipe.