I watched your video, I wouldn't be too happy if a MK5 that I had just rebuilt locked up that slowly. Here are a few guesses as to why, and I really do mean guesses. 1) Friction at the HP o-ring caused by either a too-low durometer o-ring, poor lubrication at the o-ring, maybe some glazing on the piston shaft. 2) Very slight imperfection on the piston edge. Use a jeweler's loupe to inspect the edge and make sure there are no tiny scratches or nicks. If there are, either a) get a new piston b) clean up the edge with some sort of abrasive, or c) live with it. 3) A bad seat, or a seat with a pre-existing groove cut it in, which happens if you pressurize the reg even once and then take the seat out and re-install.
If you know that you used a 70 or 75 duro o-ring for the HP piston spot, there's your problem and you need to replace it with a 85 duro EPDM (that's OEM) or better yet a 90 duro EPDM, viton, or polyurethane. If you are reasonably sure that you used the correct o-ring and enough lube in that spot, just live with it, pressurize it for several hours to make sure it doesn't creep any higher, and go on a dive or two. I bet it then it will be fine.