It does not really have to be moved as long as the pressure is static throughout the system (no shut off valves to isolate), if there are valves to isolate pressure, then the best place for the pressure switch is on or close to the pump outlet. To see the "real" effect, put a pressure gauge on the end of your fill hose and one close to the pump and any other far extremity in the air system and see the psi difference, a few pounds is not going to harm or overload any part of the system. On a quick drain, say while filling a tire or blowing out the cab, the drop may show a big difference but not on the fill unless you have a very high cfm output pump or are running small line (1/8" or less) and the tank cannot transfer/equailize the load. 1/4" line is generally plenty for a under 15cfm system.
WSS