99 problems and a Ford ain't one.

did you cut the power on the electric fuel pump when it was loading up to see if that cleared up the coughing? That's simple. Let me know what happens.....I've personally witnessed a 12psi pump to a Holley and know what it sounds like. Decrease pressure by turning the adjustment screw counter-clockwise.

Id take possession of a roller cammed 340 in need of bearings that was headed for the junkyard in a Texas minute. I'd even haul it for him! :)
Going on pure assumption here, but it appears the fuel pressure gauge while new is a total piece of crap. The needle seats are doing their job. Float bowls are not overfilling. Fuel staying at bottom of sight glass. From what I can tell, it would seem I have one or more valves not opening and closing as they should be. Damn pro comp Chinese virus heads. Not sure, so don't get mad when I say this but I think the low oil pressure is in relation to the motor trying to stall. When it drops down to just a couple hundred rpm at idle and trying to stall out Of course the oil pressure drops because the motor is about to die out. If I feather the gas pedal, it goes back up with the rpm's. Just an assumption though. Going to pull the heads and take them to the local machine shop.