Piston and liner sets are still easy to come by. Might be worth it, but....
Now, that being said, my magnums don't feel like a lot of compression. I installed a new piston / liner in my 28 and I think it felt the same. However, it did start easier. Also, it wouldn't start to save my life with the muffler on. Took it off and it fired on the first flip. Until I got everything else dialed in, I had to leave the muffler off. Maybe try that until it's sorted out. I found later that had nothing to do with the problem, but it made it easier to troubleshoot.
Also, they start pretty wet. At VSC I would do 6 choke flips and clear it 6 times. Fired right up. My magnums never feel like they have a "bump". Sounds dumb, but they run and start great. But I rely on a routine rather than a bump feel to start by hand.