If you had to grind on your rockers the geometry is wrong. Just an FYI.
Why is the fuel pressure so high? Is it a dead head system or a bypass system?
I use electric pumps because I thought it was cool. Plus the machine shop had numerous cams there where the fuel pump lobe had wiped out. So I thought I'd save myself the trouble. It could just be my psi gauge reading incorrectly (doubtful, but possible).
Your oil pressure issue is worse than the fuel pressure issue.
5 pounds of oil pressure at idle is just wrong. Why is the pressure so low?
You have some serious issues that need to be addressed...pronto.