OK.... a few comments..
What is 'fine'? The only way to check the fuel pressure is to be driving the car while you can see a fp gage... the fp MUST rise 1 psi per 1 psi boost... as the pump gets weak, fp will start to rise as boost comes up, then start DROPPING as boost (and thus fuel demand) increases. This, of course, causes a lean condition/power loss/backfire/blown headgasket. VERY common problem. Just noting the base/line off pressure verifies nothing. So, say 43 psi base fp and 18 psi boost, wot fuel pressure should read 43+18= 61 psi. Adjust numbers to your conditions...
When the CEL blinks very quickly, it generally indicates a problem with the ecm or bad connection with the chip..
The car bogging at wot, and picking back up if you let off the gas a hair is very often indicative of insufficient fuel pressure/fuel pump going weak. If you haven't verified with your own eyes that the fp is increasing in a 1:1 ratio with boost, you are risking near certain catastrophic disaster. I wouldn't floor the gas again until I had a fp gage hooked up.... just get an extension hose and tape the gage to the windshield for testing purposes. VERY NEXT thing you should do if you haven't already... :wink: