Hi and welcome to the forum. Still not sure who can see this forum so I'll take a shot. I've never dealt with cartridge filters but I suspect that valve is an air bleed valve. I think you should open it until water comes out then close it. This assures a full charge of water in the housing. As for the comment about blowing it apart, no. The pressure is not determined by how much air is in the system but by the pump, flow restrictions etc. The danger is if you have a large volume of air under some pressure, and for some reason the tank lets go you will have a pretty violent explosion and this is because the air is compressed and will expand when released. If you have a full charge of liquid, which is incompressable for all practical purposes, if the tank blows there won't be an explosive event. The water will just be released.
Hope this helps.
Al
PS: If I'm wrong with my thinking, someone please correct me.
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