The more water you put down, the more pressure you set it at, you have to have the vac power to recover it. You can set higher psi with a good TM because they have more vac 'power'. If you set your porty at 400 psi, you will overwet the carpet and leave much water behind. 250psi ought to be the max for a porty.
I run a big 69HP engine, 5M Blower TM and rarely go above 300psi, running a wand with twin .03 jets.
I also have an Alltec Evolution portable with a 600 psi pump, but run it at max 250psi with a wand with twin .015 jets, in other words less psi than the TM and jets half the size on the wand.
Dave.