In high school, I had a truly 'old skool' teacher, who told stories of pouring molten babbit into Ford 4 model A main bearings.
I was doing my first rebuild on a '57 IL 235, and his advice was to install a few flat washers behind the pressure relief spring in the oil pump.
Also, since I had solid lifters, he advised me to install the cam bearings so they did not supply oil to the hydraulic lifter galleys. "You'll get plenty of oil from the top end, they don't need to be pressurized".
Like you Mike, I was worried when I fired her up, as the needle was pegged at 60 till it warmed up, dropping to 45-50 psi.
I've heard tales of rear main seals blowing out from such pressure levels, but have not personally experienced adverse effects from high pressure.
Will be curious to see where your beast comes in at.