It looks like it got kinda hot. For 200 hours, it also looks like there was quite a bit of blow-by. I'm guessing that it was an overhauled cylinder/piston at 200hr not NEW? If it's new, you definitely need to contact the manufacturer... if their still in business.
My initial diagnoses would be poor inspection at overhaul, assuming it wasn't new.
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Stephen Samuelian, CFII, A&P IA, CTO
RV4 wing in Jig @ KPOC
RV7 emp built
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