I've tried pressurizing with the guide plate off.
I think I've tried everything in the manual actually. Thants why I'm here.

The marker was working perfect, and it was a very sudden occurence that this started. Not like it was getting gummed up and performance slowly declined until it quit. It was it top form one shot, dead the next. When the trigger stalled, I dropped the mag and there was a ball stuck in the receiver along with a bent pin in the mag. I shrugged, cleaned everything out, bent the pin back, and tried again. Same thing happened again. Sometimes I get 4 shots, sometimes 2, sometimes none.
On an empty mag I can shoot it till I'm out of air no problem, but only when I put paint in it does this happen. It's always a ball jammed in the reciever and pins bent in the mag. I've torn the thing down almost completely and cleaned it, lubed it, and put it back together according to the manual. The only thing I haven't messed with yet is the markers regulator. I was about to call up northerncommandpaintball.com where I got it when I found this forum and saw that loudthunder was here. I wanted to join this forum anyway so I figured it was a good way to start.
At first I thought something was bending the pins, and then causing the mag to jam and the marker to stall. Now I think the problem is in the marker and causing the pins to bend. I also am now thinking the bolt is not coming all the way forward, which might be why it's stalling in mid-cycle, jamming the ball halfway into the chamber, and bending the mag pins all up. I've only had the thing a week, so I'm still figuring all this stuff out.

Thanks for the replies so far, I hope I get this figured out soon.
Well, off I go to clean it all out. Again. I'm just about out of ideas.
Bear
[EDIT] I was writing this and hit post just as Milo posted. I'll try removing the reg and doing the adjustments you suggested, but this is a brand new marker. Less than 200 rounds thru it so far...and over a dozen have been chopps.