You can confirm if the FPR is having issues is by checking the actual fuel pressure. If the fuel pressure is low, it could cause a lean condition. I think the line is a "just in case" it leaks so it will go into the resonator box to get burned instead of leaking all over the engine and possibly cause a fire. I have a similar FPR on my snowmobile and that hose is connected to nothing.
I know you smoke tested it but I would still do a check using carb cleaner. Sometimes there could be a leak that won't allow low pressure smoke out but allow high vacuum in. I think air is getting in there somewhere.
Just finished doing a fuel pressure test and here's what i gathered:
1- After hooking the pressure gauge the fuel pressure reads at 52 psi (car is off no keys in the ignition)
2- as soon as i turning the key to on position the fuel pressure jumps to 55 psi then drops 52 psi immediately it happens while to the pump priming up)
3- when turn the engine on and letting it idle the fuel pressure reads at about 55 psi
Based on my little research the optimal fuel pressure should be between 50-57 psi so I think my fuel pressure is good?
P.S. when pulling off the vacuum hose off the FPR nothing happened no change in the idle or fuel pressure... Could this indicate that there's something wrong with fuel pressure regulator since it doesn't do anything even while driving with vacuum hose unplugged? Could be stuck open or closed?
[UPDATE] I did another fuel pressure test to verify my pump when primed holds pressure at 51 psi for a while but the pressure start to drop after 15 minutes or so but it's slow and if I remove my keys and leave it for like an hour my fuel pressure drops to 30 psi and continue to drop but it's quite slow...is that normal? I don't have trouble starting the car... Could it be the the FPR? I have replaced the fuel filter a while ago and i have a poor fuel economy.