While reading online and watching some vids I found some say no and other saying yes as to rather or not the Royale 500 is regulated. I found one article when reading up on an AA S510 that a regulator instal was pricey but doable for those that wanted to try it for themselves. A few commented that they had done the same or similar mod on their Royales. Precision Airguns notes in his ads his are regulated, AOA does not. Also seeing and hearing from some YouTubers, yes and no. Could you please tell me what the difference between the haves and have nots? I did find a thread here about how if your 500 doesn't have a regulator you can use hammer spring tension to dial in FPS and best pellet Another said look for a hole by the pressure gauge on the bottom of the gun. Would anyone have an image to offer of this hole? Finally, another member told me all the "new" Royales have a regulator. Would anyone know what model year saw the addition of the reg? Sorry if this is a silly question, but I haven’t purchased a new air gun for well over 10/15 years and my TX200 is my only PCP type experience. I would like to find a clean used repeater like the 500 (or other), but would rather not buy one without the regulator. Many thanks.