Right, my compressor has a governor, and it holds open the intake valves in the compressor once it reaches the set pressure, about 125 psi, then when the pressure drops to 115-120 or so it drops the valves and starts compressing air again. When it cycles you can hear it working and then coasting. When it is coasting it can't put any condensation in the tanks. The governor on the compressor also signals the air dryer to purge every time the compressor is unloaded/coasting.
I do have two pop off valves, but they are only safety valves and are set around 150 psi, never should open if the governor does it's job.
