I would say something in the valve body is maybe stuck, wrong tension spring used or maybe an "O" ring slipped and letting pressure by-pass. I'm gonna say your going to have to go back thru the box. It's definitely in the box something restricting flow and causing back pressure or letting the pressure go on by.
Read this article about increasing flow. This might be "part" of your problem. It's a little past half way down the page.
http://www.pozziracing.com/camaro_steering.htm#PS%20swap%20parts%20required