The pressure is regulated at the pump before the accumulators and the filter. In order to use a regulator you have to allow somewhere for the excess pressure to go which means you must have an adjustable blow off valve ahead of the regulator. The pump puts out over 60 psi and it has been regulated down to 25psi..
If the regulators were after the accumulators then the accumulators would see +60psi which would exceed the pressure rating of the flat bottoms and top caps and would require domed covers which meet schedule 40 pressure specs like pipe the body of the accumulators are made from.
The regulator is set for about 26psi. These things are not very precise mechanisms,(ie,they are not laboratory grade).
Pressure is monitored via in-line low pressure gauges which give a more accurate reading of the pressure supplied to the arm and platter than the regulator. These are the parts I am using to construct an air dryer for the system. The dryer is consists of an under-sink water filter housing that will hold over a quart of reusable color indicating desiccant.
I purchased my pump from Isaacs Fluid Power Equipment
Westerville OH. Ph. 614-895-8540
This may not be the place to find lowest price on the pump you want. I would beat the bushes for sure to find the best price.
I don't know how to re-size the image will web-site do this.
Scotty