Another huge consideration is that with a stock pan oil can uncover the pickup on a hard take off. I discovered that with my old 360 as soon as I got it to hook up. My suggestion is to run a deeper pan like the Kevko or Milodon that has decent ground clearance and oil baffles to keep the oil where it should be. Starving the engine for oil on take off is just as bad as sucking a pan dry
Another thing, IMO there's no benefit of having 30+ psi oil pressure at idle. I've ran the crap out of some engines that barely had 10 psi at idle and they lived a very long life. IMO 20-25 psi at idle is more than enough. Remember that the higher the pressure is the more you heat the oil up and thin it out
