I own a couple of compressors, the one I'm using right now is a Testors model that connects directly to my Aztek aibrush without any pressure regulator. The default pressure that compressor produces is pretty low actually; I estimate 15psi at the most.
I'm very curious about this problem because other than the fraction of a second when this coarse coat was produced today's spraying session was perfect for both the Tamiya Green and the Future Acrylic that followed. Perfect coats; on the entire tank hull, turret sides and so on.