Good compression, plus fouled plugs on only one side screams "Vacuum Leak"! A milled head can expose the bottom of the intake passageways to the crankcase unless the intake is also milled to align the ports, and it ALWAYS happens on the bottom. Some NASCAR teams did that deliberately. The engine would run lousy and smoke during caution laps, then clear out and suck a little extra air past the restrictor plate at speed. One backfire can push the bottom of the intake gasket out and create a vacuum leak on an otherwise good-running engine if the gasket is just barely sealing before.
Jerry