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I am even more anal about draining than Jim. I do it every five minutes for a couple of seconds. I am kind of a "more often for shorter periods of time" kind of guy. You may also want to put a little more space between the compressor and the wall. The better the air flow the better your cooling.
Now remember, a home compressor system is kind of like a plecostomus in the fish tank ... it will continue to grow to fit the space provided.