You can always fit a SU AUF 300 pump a'la the 4.2 cars - all the parts are available from SNGB.
As I have said the SU's (new, in good working order or professionally restored) can handle 6psi without problem. The car wiring can handle the extra 3.8A without problem. I have the new pump in my FHC and it has worked perfectly since installation and I did not change the fuse or put a regulator in line. Over pressure fuel would not cause the SU equipped engine to 'flood' but the SU's can 'leak'. Fuel can leak in two ways:
1. from underside of a jet
2. from a float chamber
These are caused by a leaking float needle valve, punctured float or incorrect fuel level all of which are maintenance related. The SU's have overflow pipe's to drain the fuel away safely in the event of this condition
So, in summary, your conclusion is not "fit for purpose"!

Some clarity on fusing from SNGB would be helpful though.