Fuel pressure dropping while driving and under acceleration to zero at idle runs 4 lb electric Blue

Yes. If it still doesn’t have any pressure it’s most likely the pump. I looked at that regulator again and I’m not sure there is any way it could drop the fuel pressure like that. The first suspect is the pump IMO.
Just for kicks, I took the regulator apart. The four bolts left it up. There is a spring and a rubber diaphragm with a metal tapered piece underneath and then I can see the fitting for the return. So the diaphragm is all that's in there in a spring so I'm pretty sure that's not the issue. I will let you know when I get off work and try to deadhead. Thanks!