Yes it has a regulator at the TB. You still need 60+ psi to the TB.
Go with babywags intank pump. I bought the FCC because I had some extra cash burning my pocket. It's great but but if I had to do over I'd do the intank pump for the cost.
87 GW- Fitech EFI,Fitech FCC,Skyjacker Hydro 4" lift,BFG AT KO2 30",Dynamax muffler,MSD distributor,MSD 6al box,Blaster2 coil,ACCEL 8mm,.045 gap,Edlebrock perf 4bbl intake,Elgin perf cam,HD alum radiator,Powermaster 150alt,Alum HD H2O pump,Serhills tailgate harness,Cowl screen mod,Evil Twin grab handles,Rstep's custom AMC lock knobs