I prefer no regulator at all. If a mechanical pump, use stacks of gaskets to bring the pressure down. If it's electric, buy a self-regulating rotary pump. Weber's get 3psi, Solexes 1.5psi. Not sure where your 2.5 psi came from. The only reason you really need a regulator is if you have Solexes and an electric pump.
Any cheap vacuum gauge usually also has a low pressure range on it for up to about 10 psi. A brand new gauge can be had for about 30 bucks.
P.S.: that engine-mounted inline pressure gauge? They fail, especially with ethanol. Ask Max how we know........