A quote from the Lycoming Forum engine builder:
1. It may shorten cylinder life, bearing loads will be higher and you may need a
carburetor mod, to get more fuel, to feed the extra horsepower.
I think at 9:1 you aren't straining things too much. Above that, things are
stressed a bit more and you may see reduction in long term durability.
Other than this and a note that the wrist pins need to be changed, this is all I could find on your suggested upping of the compression ratio. Seems there is some talk of reduced TBO but what the heck for a bunch more horses! Still gotta have the high octane fuel and we think that's going away some day. But there are a lot of expensive aircraft out there that need it, so who knows? Viva la France....