When I bought my boat, used, I was really worried about my 1985 6 cyl Merc. I asked a couple of mechanics locally, and I called Mercury. All said the same thing - the actual compression "figure" doesn't matter so much as that all cylinders should be within a 10% range from the highest to the lowest.
For your 2 cylinder motor, there could be something wrong there. I'd ask to get it checked out by an outboard mechaninc.