A reciprocating compressor produces a repeated, batch-type of cycle. In other words, the compressor takes suction gas and compresses it by submitting it to a reduction in volume imposed by a reciprocating piston. That's ONE cycle. Then, the other, identical cycles are repeated - over and over again.
I have a lot of respect and admiration for Norm Lieberman's knowledge and experience - especially for the way and manner in which he liberally and pragmatically distributes it. I join him in my complaints & disagreements with the Carnot Cycle as applied to reciprocating compressors. Norm may have reduced the valve tension at the Hebronville Compressor Station (as he states in his book) and obtained a reduced power consumption, but I can almost bet that he did this only after investigating or consulting with the compressor manufacturer's settings of the discharge valve spring tensions. There is an inherent and dangerous risk one runs in reducing the discharge valve spring tension: Valve leakage immediately is formented or initiated if done excessively. And the consequences are an immediate exponential increase in discharge gas temperature due to severe re-compression of discharge gas. This out-of-control increase in discharge temperature can cause severe damage to a recip.
One can never avoid the inherent pulsation experienced with a reciprocating machine. It comes with the territory. You can alleviate it just so much and then you have to live with it. As stated above, the recip deals out a series of BATCH processes. And in-between each batch there is a discontinuity. This will never be resolved and is a fact of nature.
David is precisely correct in his analysis. One should always think twice in applying a designed backpressure on a reciprocating machine. I have applied control valves on the discharge of reciprocating machines for the purpose of liquefying the compressed gas - such as is the case for Carbon Dioxide, Carbon Monoxide, and Nitrous Oxide. These are applications where one must maintain a constant pressure on the condensation section (compressor discharge at critical pressure) while cooling below the critical temperature. This creates a high pressure liquid which is subsequently expanded to form a low-pressure liquid for storage - basically like a mechanical refrigeration cycle. However, you must instrument your process to fail safe and with adequate manual overrides in case of an upset.
The usual and customary way to set the final discharge pressure is to let the system determine the precise value while the compressor works at rated capacity.