I read and reread this thread, which adjustable fuel regulator are you using?
What type of fuel pressure gage are you using, can you tape it to your windshield? I have the fuel gage on the flex hose so I can tape it to the windshield, other then that I only use it to set the pressure at idle, vacuum line off 43 psi.
You definetly have a lean condition, and my exsperience tells me to check the gage taped to the windshield while building boost. You need to see one pound of pressure for every pound of boost.
0 boost = 43 psi @ fuel rail
10 boost should = 53 psi
20 boost = 63 psi
Each time I went lean so far it was the fuel pump on the way out.
Chuck