[V8] Slipped Timing Update

[rasrunnit at yahoo.com]

Finally got around to opening up the V8 after my slipped belt incident 6 months ago. 
After realigning the cams I did a compression test. To my surprise every cylinder was in the 185 to 200 psi range and all seemed to hold pressure. 
Am I safe to assume the valves are fine?

The problem turned out to be a leaking waterpump dripping pink coolant which crystalizing on the tensioner, gumming it up.

Jason