Not sure I heard it....
When I tried to start it this morning, I first had to un-kill the kill switch (couldn't find neutral last night), then, hit the start switch. When it didn't fire, I "primed" it by turning on and off the kill switch, as instructed in the manual. But I do NOT recall hearing the ticking when I turned the kill switch off--only when I engaged it (killed it).
So, this afternoon, I went over and made sure the kill switch was not active, turned on the ignition and got the same results, and that includes the clicking chatter that occurs when you turn on the ignition. So, unless it is acting intermittently, I'd guess the fuel pump is working OK.
I'm not sure that I understand the second rather cryptic comment about bypass the regulator...did you leave a word out there?
08 Hammer S (New 9/23/11)
(e.g. a big Hammer) http://www.wowwiki.com/Two-handed
'07 BMW K 1200GT
When the only tool you have is a hammer, every problem looks like a nail.