B,
Keep in mind, that if you do not sort your pellets by weight and head size, you will get fps spreads that are significant.
Just for comparison, I shoot at 12 ft.lbs exclusively. That translates to an 8.44 grain JSB @ 798 fps or thereabouts. Taking pellets straight from the tin, with almost any gun, i get a spread of almost 30 fps.
Ive taken and weighed a tin of those same pellets in the past, and have found that there are weights from 8. 18 grains, all the way up to 8.74 grains. If they are the same head size (which they won't be) you get a speed variation of over 20 fps, just from their weight variation. Factor in some different head sizes, that fps spread increases more.
In order to truly figure out if the regulator is not doing its job, you need to start with sorted ammo. Once you've done that, and the results are the same, then you can say it's 100% the regulator. If you sort your pellets as i have done above, and your spread goes into the single digits, your regulator is fine, and you need to pay more attention on your ammo you feed it.
Tom Holland
Field Target Tech