Interesting project. I was going to use a haskel pump to boost N2 or even dive air to 4500psi using shop air. Economic when you can find surplus used haskel at proper ratio. As to the project at hand or any similar project I would use an ammeter on the compressor to determine if the load was increasing. If you feed the 1st stage under pressure you are asking the 1st stage to compress denser air thus more work/load. Starving the compressor would reduce load and probably would do no damage since the 1 atmosphere of suction is far less work than 100 atmospheres of compression (or whatever 1st stage pressure normally is). Possible problem would be if 1st stage is creating vacuum it might start consuming oil. A one way check valve could prevent vacuum or limit it to slight vacuum. Ammeter truly would tell you if you are laboring the compressor beyond normal operation. And yes, I believe clean, dry air is always desirable for protection of HPA equipment (tanks, guns). If it wasn't then no one would go to the trouble to create dry air for SCBA, SCUBA or any other HP air. It's not dry for sake of breathing (dries out your throat, moist air much more pleasant) but to protect pressure vessel. The effects of moisture are exaggerated as pressure increases, crudely expressed the moisture is squeezed out of air and condenses to liquid. Just a couple of percent of moisture at atmospheric pressure can puddle in the bottom of a tank at 3000psi. Moisture will damage your kit, but the question is how much? Those that call it a boogyman are simply accepting the damage as being within an acceptable risk range for their purposes and I have no problem with them doing so.