I just received my Blackburn TPS-2 floor pump from Nashbar and tried it out.

There seems to be a small air leak coming from the gauge area. I took off the cover to the gauge and checked the small 0-ring under the gauge and it seems to be fine. Also, is it supposed to show the pressure only on the down stroke? When I pull up the needle hits zero everytime.

Could this be an easy fix or should I send it back for something else?

*if you advise to send it back give me your pick on a floor pump w/ gauge in the sub-$30 range.

(I also posted this in Road Cycling. Just tryin to cover the bases for someone who may recognize the problem)