I don't know guys - I am very limited how much I can troubleshoot this thing right now as the car is not at my own place.
However - First rule of V8 Rx7s club is you talk about it, and who would have thought the gentleman at the junkyard is a fellow V8 Rx7'vner himself.

- so he helped me out a great deal.
I found a Volkswagen power steering pulley that has the right diameter, rib pattern and the right shaft 0.66" .
So the plan is to remove the belt tensioner and use the pump as a fixed one. Should not be hard to make and adapter plate at all. I can draw it on Autodesk and have it waterjetted.
I just hope the belt won't rub between the water pump.
I agree with Zack thought, that judging from the size of the pump this is a low volume pump - no doubt about that. The engine has 20 000 miles so it should be pretty tight.
I feel like I have to keep going forward even if this is not the solution of my problem since an engine needs negative crankcase pressure anyways. So it is still a plus.
I am just not going to spend $900+ dollars for an aftermarket kit - since those pumps have a short lifetime anyways.
If this experiment has any positive results it would be that much sweeter.
Also, I found this graph that shows the pump capability:
