Correct, which accounts for the FX Moderator touching it. Just posted that so others who wanted to do the same thing would be aware of it. It shoots fine with the moderator resting on the bottle but would eventually mark the finish on both. Not a big deal, use a smaller moderator. But the blocking of the valve travel shouldn't be happening. It looks to be the same valve assembly on both models. If the gun was out of warranty, it would be simple to remove material on the valve knob to get full travel, but probably not a good idea to start grinding on a new gun. It looks pretty feisty with the moderator at the same length as the bottle. I like that look better than with a shorter bottle.