| Not to me it doesn't, sounds as if there is to much loaded sag, can't be sure with out checking a few figures and having a bit more info,
Do you know what spring rate the Maxton spring is, what is your body weight and was the measurement taken with you in a prone riding position.
just thinking along the lines that 33mm of sag is approximately 16.5mm of shock travel and if the spring is say 7.5kg/mm then thats a few Kilos needed to move the shock that far especially when you allow for a front to rear weight bias of around 50/50 | 
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