Here are the results of my compression check

1-202psi
3-202psi
5-202psi
7-202psi

2-200psi
4-202psi
6-202psi
8-202psi

I am going to restest cylinder 2

Does this mean I have my valves adjusted properly????????

 

No need to retest #2, that's noise level difference. As far as proper adjustment of the valves, it shows that none of your valves are adjusted overly tight to cause a valve to be partically open, but that doesn't mean there adjusted properly. They could be too loose.