Sounds like it's time to take it apart and install a new piston and rings but don't hone the cylinder if it's Nikasil plated as the plating is very thin and you'll destroy it if you hone it and then you'll be buying a new jug as well.. Just remove any stuck on aluminum from the bore (I use easy off oven cleaner) to soften it and a pick to remove it.
You need to look at an Echo CS 490 Timber Bear. They will stock pull a 24" bar but I run a 20 myself with full tooth (not skip tooth)
chipper chain. Nice saw and less expensive than a comparable Stihl and has a better warranty as well, not that I've ever had a warranty claim on any of mine because I have not. If you really want to cheap out, buy a Chinese saw from Amazon. No warranty and if it breaks, toss it and buy another one....lol. Neo-Tek comes to mind. I had a weak moment once and bought one and gave it to a friend soon after.