The 0.160"-0.170" porting is well established with aftermarket regulation on standard Mrods. One key difference is this, uses a flow thru bolt vs a pin probe. Measure the ID of the tip of the probe where it will contact the pellet. See what number drill that just fits into it, and measure that. You indicated you do not plan to open that further, and I agree. Calculate the cross-sectional area. For each step back, make sure you have the same cross-sectional area or more ideally, slightly more. Say 5-10%. The slight increase should happen at each step. Next step back is the inlet hole to probe. Then barrel port, transfer port, valve exhaust, valve pocket. The valve pocket requires subtracting the cross-section of the poppet stem. Do all the calculations so you know how much has to come off each of these and if you have the capability to do so. If not, recalculate based on that restriction.
Not sure what is driving only using one, two, three drill bits???
Anytime the reg is below set point, the adjuster can easily turn. This includes installation, pressurization, any time it was shot below set-point, depressurization, and removal. If it moved in between shot strings, we should have seen the change. Your 1/3 in numbers were fairly proportional to the 1/3 out. I wouldn't assume you have shot strings with 2/3 out.