The regulator is doing its job within reason. The spread is fine. The power fluctuation is probably indicative of an incorrectly set regulator but to be 100% sure the actual FPS read out against cylinder pressure is required. Unless you know exactly what you are doing I would leave it well alone. You have +- 1.5% variation which is nothing.
FYI my S400 unregulated has 27 ft/s spread from 190 bar, and my Huntsman just over 20 ft/s spread. Your gun is fine.
A.G