Yeah but, like I said, it sounds like TOO MUCH of a good deal to ME.
$3800 for...
Come on!!!
Sounds like the guy tested with dry cylinders, the engine sat for a few months in the humid confines of it's container on a ship, this can cause the rings to stick and the engine needs to turn a few times (even on the starter) before it'll grind this little layer and oil flows back in the engine and give the real results.
At least, this has been the case a few times for me in the past.
So, like it's been said above, if you can go see the engine and have the guy spin the engine for a few minutes (few seconds at a time) and check compression again.