Well, is it much easier to kick over when it won't start compared to normal? If it is, then it could be the exhaust valve sticking. Make sure the valve lifter is not holding the valve open. 75lbs sounds a bit low for 6.5:1 compression ratio. Is it gutless? I would expect nearer 100lbs or more. You should add a little oil through the plug 'ole and see if the pressure increases. This will seal the rings temporarily (and to a degree the valves). Ideally you should carry out a cylinder leakage test, but the kits cost about £100.00. However I think this is separate to the problem you have.
So from what you have said, I would suggest possible magneto failure (which probably means it's the carburettor!)
It may help if you took a neon with you to fit when it won't start to see if you have a spark.
Regarding Lead Replacement Additives, it could be argued that the valve seats would have work hardened by now, so being unnecessary, but if you select one with an octane improver, you may be able to run more ignition advance before pinking sets in, giving you a little more power. I would recommend using the Castrol product.