Bob,
In the US at least, rule of thumb means non precise way of checking or evaluating things. On small, 1/2 to 2 cc CI engines, my rule of thumb for contra piston fit is literally a rule of thumb. If I can push the contra piston into position with my thumb, then the fit is too loose.
From your operating setting, if you back the compression screw off a half turn or so and then turn the prop over smartly while holding on to the prop, as opposed to flipping it, you should feel when the contra piston breaks free and moves. At the same time that happens, you can hear the click as the contra piston breaks loose and strikes the compression screw. This is difficult to describe, but once you have done it once you will know it forever.
Ian,
If Bob is following my recommendation for fuel mix, he is running about 35 percent oil. While the amount of oil you were using is good for high performance engines that have front rotary valve and ball bearings, it is not enough for a sideport induction engine with sleeve bearings. I know his is really a rearport, but somehow they are always referred to as sideport, at least on this side of the pond. It is difficlult to get enough oil on the crankshaft sleeve bearing. On front rotary sleeve bearing, the percentage of oil can be reduced some as the crankshaft bearing is getting fresh oil all the time. If ball races are used, then the oil can be reduced even more.
I also recommended that he not bother with the amel nitrate or other ignition promoter as, in my opinion, it does very little at under 10k RPM, although it may make starting a little easier. At higher RPM it has very definite effects on smoothing out an engine. It is also difficult to source any of the suitable dopes in the USA with the current concerns about explosives here. I suspect that it is not much different in most of the world.
Gail in NM,USA