While I like the idea of an adjustable one, I've never used one and the factory style has worked for many years and many millions of miles. So there's nothing wrong with continuing to utilize them.
There are still other things that can keep fuel from reaching the engine, but not many would keep fuel from the return line. Since it's just a big loop with only a few things in the middle, the list gets smaller. Never heard of a regulator stopping fuel completely, but I have to assume it's possible. I've had them apart, but can't remember even a small detail about them it was so long ago.
Not sure just how to test them either, but my thinking is that if your regulator was somehow able to block flow to through the lines, since it's at the far end of the engine side of things, you would still have fuel at the injectors. So why is that fuel not being injected?
Is there an in-situ test for injectors? Maybe your local parts store has a "noid light kit" you can rent/borrow to test the injector pulses. It's a light that you hook up to the injectors and it flashes each time the computer tells that injector to open and close. If you have a good pump and a good regulator and good plumbing, but the injectors are not firing, it would be good to know before buying a new pump and regulator.
And doesn't the TFI module tell the computer what's going on with the engine turning so that the computer can tell each injector when to fire?
I forget, what does the PIP test do? Isn't there an additional connector near the diagnostic port you can separate to put the computer into a different mode for checking the PIP signal?
Sorry I don't have the details in my head anymore. Just the vague notion that there are still other things that can help narrow it down.
Paul