Ive asked around the shop here and I've gotten you an answer. You may not like it. But its an answer.
According to the techs here, as long as your not currently losing PS fluid and the newish pump you installed is indeed functioning properly, it is more than likely the rack as you stated above.
The 944 is a great car and tons of fun on the road. However, their power stearing systems were known to be a little leaky and problematic.
Just for fun I googled around for others who had your problem and accidently found
THIS little gem of a tutorial; for converting to manual steering if you wish.
Or you could of course just fix the power stearing system.
Hope this helps a little.
