fuel pressure dropping over time

Do you have a return style regulator? That's what dictates return flow, not the size of the line. 1/4" is plenty big for a return line. Return orifices in the return port of return filters are normally like .060-.100", so 1/4" line is huge compared to that metered orifice.

yes, the mallory 4309

Mallory Ignition 4309 Mallory Fuel Pressure Regulators | Summit Racing

im not sure if you can compare a return style regulator with a return filter, because they generally are intended to be used with different pumps

according to the instructions, if the return line is too small, you get pressure creeping up (which actually sounds pretty good right now) so thats why i didnt want to have the step down in it