And does the pressure drop from 43 when under load when no vacuum is hooked up to the regulator?
To me it sounds like a clog in the system. One of the fuel filters, or sock if there is one on the pickup. But I know your system is new, so that is kind of baffling.
If you can't drastically increase the pressure by introducing a kink in the return line, that could point to a bad pump as well. The reports I've read about the pumps from fitech cause me to recommend anyone steer clear of them, inline or FCC.