You're right about the batterry box, it fits nicely where the manual pumps used to be, but you're over estimating the available space in the front where the fake engine is. It's only three studs wide (even if you try to squeze the pump in vertically, the tubes coming from the nozzle would obstruct the front end loaders motion when going up or down) so the only thing that fits there is an airtank or M motor. So in my opinion the only place where you can put the pumps is where the differential and the geartrain for the motor used to be. But maybe you're right and I am not thinking out of the box enough... It would be great if you would take the time and try out your theory, that is if you can put your current projects aside for a short while...
@trekman:
You wouldn't have a photo of your solution laying around would you?
P.S. I did try gearing up the single pump compressor from 1:1 to 1:1.667 and it does help to bring some extra air into the system. I'll take a photo of my solution during the day when the lighting is better.