Might be valve seals.
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Oil ring failure is pretty common on 4A's (and 7A's).
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Not really on 4A's, its more of an issue of bad rings used on 7A's... Some 2E's/4E's and some 4A's probably got similar ring issues (same ring maker and same issues). Tho atleast over here it was a warranty issue. Anyways, it cant really be rings if all the cylinders are within 10%. Anyways, do a leakdown test, that will tell you where your problems are.
But you're sure you're not leaking the oil? Also check the PCV system if its stuck oil will leak out and burn like nothing you've ever seen.
As for your cylinders becoming worn and the high compression. Actually it goes just the opposite, when your cylinders wear out, the compression gets weaker.