While cobb is a great company, like everybody else they are there to make money. Do you need a rebuild now? No, are you ok for now? Yes. Should you plan for it? Yes
Factory spec is very straight forward;
Standard 142 - 171 psi
Difference between cy1inders 7 psi
I will bet money they exaggerated some things a bit. Their recommendations as to something being "incorrect" is too vague to give a point of view. Get a specific description. Never settle for "its not right or wrong" have them go the extra mile to explain in detail and don't stop till they explained to you what is going on to the point you understand even if you're not mech inclined.
Bottom line its not that bad...
Edit: poor numbers are ok to drive with. Oil will get dirty sooner and obviously less power. More blow-by and higher load on the pcv system. Take it easy on the car till you figure out what you want to do.
Figure out what the hell they mean by ;pinched hose, sort it out and enjoy the drive. Dont be stupid and race it or drive hard and it will be fine.
PS PS : let this be a lesson, get your **** checked out before you buy it, not after.