1998 Honda Prelude Low Compression
It sounds like a vacuum leak. The Brake boosters are a prime suspect on that model. Also check for throttle body build up. They are bad about that. Clean it good with the throttle open on the upper and lower parts. Use a good carb cleaner and a stiff tooth brush. Wipe as much of the residue as you can before starting. It will run crappy for bit until it clears it's throat.
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Suggested Repair
Do not remove the cylinder head yet. First perform a cold valve adjustment (engine under 100F): set intake lash to 0.010 in (0.26 mm) and exhaust lash to 0.012 in (0.30 mm), since the valves may have been tightened too far and can reduce compression and cause rough idle and stalling. Also check for a vacuum leak (brake booster is a prime suspect), clean the throttle body, rule out a rich mixture washing the cylinders, and repeat a wet compression test with a reliable gauge.
Conversation Summary
The owner of a 1998 Honda Prelude reported compression that had dropped from about 210 psi to 140-160 psi, a rough cold idle, and stalling below about 3000 rpm, with no smoke, coolant loss, or check-engine light. A previous engine had a burnt ring from nitrous use, and adding oil to the cylinders made the engine run better, raising concern about the rings. The expert advised against removing the head, noting that 160 psi can still run, and suggested a wet compression test, checking for a rich mixture or vacuum leak (especially the brake booster), and cleaning the throttle body. After further details, the expert recommended a cold valve adjustment first because the valves may have been set too tight.
