Out of curiosity, does this reluctance to rev occur in park or neutral? If so, have you checked for back pressure in the exhaust? Sounds suspiciously like a clogged catalytic converter or muffler. Typically if you're having running problems you'll be getting rough running, misfires, backfires, or detonation (pinging).

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Current stable:
1995 E320 157K (Nancy)
1983 500SL 125K (SLoL)

Gone but not forgotten:
1986 300SDL (RIP)
1991 350SD
1991 560SEL
1990 560SEL
1986 500SEL Euro (Rusted to nothing at 47K!)

Gone and wanting to forget:
1985 524TD 167K (TotalDumpster™) [Definitely NOT a Benz]