Andy, as I recall, the 300U uses the same power steering setup as the 460U which I own.
One quick check you can do is to make sure the steering wheel raises and lowers on its axis as you turn it from lock to lock. The total displacement isn't a lot, on the order of 1/8" or so, but enough to pick up with a discerning eye.
As I understand the system, the control side of the circuit deals with that axial movement of the steering shaft up and down...which moves a spool off its center. That off-centering sends fluid to the "power" side of the circuit...which is the double-acting piston (a boost cylinder really) that acts on the "helper rack".
I think what I would do is to crack the lines going to the boost cylinder and see if fluid is being sent there (to both sides) by the control side of the circuit. Then you can draw a theoretical line between the control and the power side of the circuit...if my explanation has made those abstractions clear enough.
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