I think I remember 10% between the two being the rebuild threshold, however if I was running that ski, and it still hit 7K WOT under load, I'd just run it till it stopped working, then rebuild the thing... I'm not sure that doing it now will really save anything... But, his choice.
The difference between the readings is the indicator. The gauge may be off, however it should read the 'same' inaccuracy for both pistons... so.. you are looking for the difference between MAG and PTO... which, in this case, is rather large.