I would replace the regulator anyway as it is 10 years old, and with good eng off key on of 60 psi this would be a good thing to change. 48 psi is too low I would like to see 53-57 psi at idle.
remember idle low vac high more vac the lower the fuel pressure. at idle the reg drops pressures. with eng off no vac max pressure. so I would say the reg is n/g....
remember idle low vac high more vac the lower the fuel pressure. at idle the reg drops pressures. with eng off no vac max pressure. so I would say the reg is n/g....