I think I found it. Looks like I got a bad valve job. Need to pull the head again and see whats wrong.

Check out the video. I did a leak down test again, sprayed some WD-40 in the port and this is only with 15 psi.

http://www.youtube.com/watch?v=nx6-c6BTXzk

Thanks again for everyone's help! I will post an update after I pull it apart.