As in many things, there is what you know you should do, and then there is what you can usually get away with.
If you have a high wing aircraft and you never run out of fuel and never have a vapor lock condition or any other reason that there is other than liquid fuel always present at the Input of the fuel pumps, then you will never have a need for the bypass hose.
The bypass hose is a lot like seat belts.
Most people go a lifetime without ever needing them until the moment comes that they do.
At that point, they need them badly, and NOW!!!
If you are of the opinion that seat belts should be a personal choice and do not request the passengers in your vehicle to buckle-up, then the lack of a bypass hose should not be of any concern either.
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The lack of a bypass will not lower the fuel pressure.
Five Seconds after you saw 43psi, the entire fuel system was purged of Air.
I would pull the Fuel hose Off the fuel rail near Cyl#3 and put a plug in it.
Each pump should be able to produce more than 70psi of static pressure into the blocked hose.
The pressure you are seeing is a function of the Fuel pump's capacity exceeding the pump's internal pressure relief valve.
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You did NOT talk to "ROTAX" at Oshkosh.
You talked to the Dealer's Representatives from California, Florida, and Wisconsin.
Rotax supplies the funding and the dealers staff the exhibit.
Notice that no one you talked to had an Austrian Accent.
You did not get an official Company opinion, just the personal opinions of some local folks.