You need to make sure the crankshaft doesn't suddenly turn when air pressure is applied. Then you can listen in the inlet, exhaust and crankcase ventilation for where it hisses the most. 20% loss is said to be normal btw the gauges.
But another thing comes to mind, how old is your battery? An old, power consuming battery can make even a powerful engine seem sluggish. Happened to my car (285 hp) last week, I thought something was wrong. Then the battery failed altogether and I installed a new. The car was again its old self.
I will buy a new battery for the MT for this season.