It is unclear here if the stroke of the system was carefully and accurately measured yet! Obviously, that is a fundamental bottom line for everything. If stroke or lift is correct or close, you know your problems are farther upstairs. If genuinely bad, all other messing around is pointless.
I too have never seen a bad pump lobe, and it would be very obvious since the pushrod is narrower than the lobe.
Lobe lift first (again, slowly and carefully), then verify rod length in case of bad manufacture or wear.
Stand warpage is indeed common and can EASILY negate a big part of that .2 lift.
Then it is time to test and measure what the pump is up to.
I have also heard from several people that some modern pumps, Carters where there was a name, produce 6 or seven pounds pressure, probably because assembled with diaphragm spring from a modern application. But that can't be a problem until you get the system functioning!