i think the low compression is from stuck rings from sitting so long. you need to get it running and leave it running for a very long time. you really need to be sure that injection pump is supplying the fuel to run the motor. remove the hard lines and crank it, fuel should shoot nicely from each delivery valve.

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1985 300TD Turbo Euro-wagon
1979 280CE 225,200 miles
1985 300D Turbo 264,000 miles
1976 240D 190,000 miles
1979 300TD 220,000

GONE but not forgotten
1976 300D 195,300 miles
1983 300D Turbo 175,000 miles

http://i42.photobucket.com/albums/e3...e485-1-2-1.jpg