So I got it up to about 415 today. I read somewhere else that the Traeger Premium blend pellets, or whatever the heck they are called, run cooler. So I cleaned the temp probe thoroughly, made sure the smoke stack had an inch of clearance, did a quick vacuum. Then I loaded some apple pellets from walmart, the cheap bag of pit boss pellets and it ran right up.
I am looking to make a couple mods. First I am going to put some fire brick in the bottom. This will help with heat loss. Less heat loss should mean more even temps and higher temps. I am also going to get a large cast iron griddle to put on top of the heat diffuser. This should also add some mass, but in theory, I could pull out the drip pan and get more heat to the grill grate. I WOULD NOT run it without something between the diffuser and the grate though. My thought here is that the cast iron can take the heat of the diffuser, will also diffuse heat further.
I guess I will let you know!