I've had several /6s which would knock under load if advanced at 4 degrees or less. Now, these were running 1973 electronic ignition distributors with stock advance which would not match the advance curve of some hearlier models. But I have seen people damage piston pins with more advance. And I have seen rods through the block as well. Not easy to hurt a /6, but it can be done.
No question that 75psi is low compression, but as noted, I seen them running well at less than that. Don't ask me why they'd run well that low, makes no sense to me, but I've seen it.