Ashwin,
My installation plumber told me to keep it at 1.8 to 2 bar so i suppose its a bit high.
I'm told that the boilers have a safty valve if they get too pressurised so possibly it's not unsafe yet.
To lower the pressure I know of two options,usually one of the lowest radiators might have a tap on underneath where you can drain a bit of water or bleed it through one of the radiator bleeding valves (messy option).
Hope this helps.
Moden ownwer
Modena Owner, September 2007