The fuel pressure issue you are having was exactly what I saw just before my second lift pump died. It first started to drop just a psi or 2, then it was like 5 or 6, then the big drop - 2psi, so out with the lift pump and in with the FASS. I've got a little over 10k on the pump and it's rock-solid at 15 psi. I would at the very least change out the LP if you don't want to dish out the $$ for the FASS or something comparable. You could always do a relocation of a new carter pump and from what I heard, works very well and much more inexpensive. I figured $600 was worth every penny for piece of mind and great fuel pressure (not to mention wick easy draining of the water seperator and chaning of the fuel filters).