The compression test is a method used by a mechanic to determine the general health of the cylinders. These are large bore engines and with just 80 psi, whether hot or cold, there is going to be some leakage. The A&P is going to listen to determine where that leakage is occurring, it's not just a numbers thing. Think of it more like a canary in the coal mine type of test. When something starts to go south, such as a valve or rings, this will be the first indication long before you will see anything visible with a borescope or mini camera. As to "should I be worried?" - not based on the numbers you are citing but you are looking at an engine that was rebuilt 22 years ago so you have to consider that. One of the metrics looked at with compression is consistency. One reading of 45 is not a reason to rip the thing apart but an indication that you want to monitor that cylinder. If you never get another low reading then disregard it. The manufacturer's guidance is pretty clear on how to deal with this and the first step is to run it in cruise for an hour and recheck.