A whole bunch of big questions. I'll have a stab at them.
Any old springer with unwritten history is due mainspring and seals change, plus degreasing and relubing. Hatsan mainsprings aren't high quality, or long-lived, and the piston seal is most likely compromised from assembly at factory. The breech seal(s) can well be undersized when new, not to mention after time and use.
Replacement and aftermarket parts for the powerplant are available, should you learn the barrel is good and you want to invest in the freebie.
A .25 cal pellet has a massively larger surface area than smaller caliber pellets. They should penetrate much less in a solid medium, while making a much bigger hole. I have never assessed airguns by pine board penetration. How do your other airguns do there?
A chronograph would quickly tell how the Torpedo is doing, ie. does it shoot slow for the model and caliber, and is it consistent?
Torpedos are pretty involved as far as underlever guns go, and they dispense with the biggest advantage of underlevers, a fixed barrel. Hatsan's machining precision is such that they struggle to make a solid, dependable underlever (as opposed to a breakbarrel). For these reasons I have steered clear of Torpedos. But many people have them and like them.
Only you can tell if the Torpedo is worth keeping. Do you feel it with it?