You achieve the same result.
The whole idea for hvlp was to atomize the product with Less VOC's produced by the 'process'.
Atomization, either do it with Pressure or Volume.
I understand from doing hvac and air flow dynamics.
You need "X" amount of Air flow to condition a room.
You achieve this with Cubic Feet per Minute,Volume or Feet Per Minute, Velocity.
Enough high pressure FPM thru a single 6×12 grill will work but be so noisy,blow your papers off the desk and be really irritating in your Confrence Room.
Enough low pressure CFM thru several 6x12 grills is almost unnoticed.
Same result,different approach.
With air tools you need the Psig and the Volume in order for them to function properly.
Hvlp Paint guns you just need consistent Volume. Not psig.
Why the need for larger supply from the Regulator to the Gun. You have the length of hose acting as storage and not just squirting right thru the Regulator into it. Which is then 'Regulated' by the gun internally upon exiting the tip.
So a lot of Air displacement and disruption. I prefer the less of,the better.
You either use Psig or Volume.
Hundred ways to do this and the 'best' way is what works for You to achieve Greatness.