340 Chugging instead of Reving

Compression test complete.

1. 149
2. 149
3. 149
4. 148
5. 149
6. 151
7. 148
8. 149

The new plugs (30 minutes old) came out wet and black.

When I turned the engine over to do the compression test, gas was spaying out the remaining open plug holes onto the tops of the fenders.

I'm taking a shot in the dark here but, with the rotor and pickup being out of phase, isn't this another indication the phase needs ro be corrected?