You can try the hand over the carb mouth suction test
without too much trouble, and both sides should feel about the same.
As I am finding out, two strokes are funny things. If the seals are blown out it will still show good compression, because the pistons are simply compressing the air that already exists in the cylinder. It won't move any new air in or out.
The way that air is forced into the cylinder is that when the piston is traveling down it pressurizes the crankcase (air UNDER the piston is compressed). There is a port that allows this compressed air to flow into the cylinder. Bridgestone uses a rotary valve to keep the air from flowing back out the carb and therefore forces it into the intake port.
When the piston moves up it does two things. It compresses the air in the cylinder for combustion (because the ports have been closed by the piston) and it also creates a vacuum in the crankcase under the piston which sucks in air through the carb. This is the vacuum you are trying to feel with your hand. If the seals are bad it will suck air through there instead of through the carb.
The problem is the seals can be bad to a varying degree, which is why you may need to do a leakdown test. That will show it to be 100% good or bad to a certain degree.
I hate to say this but 40 year old two strokes probably have petrified seals. If you like the bike it might be the best course of action to just replace them. I pulled the crank out of my Suzuki GT 550 and there was almost nothing left of the seals. I replaced them and it runs great now.