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did you install the threaded oil galley plug that connects to the very front lifter bore on the drivers side (#5) ? this is installed from the front of the block prior to installing the distributor?...

Perry.....you need to go to more partys....glad all is OK and you now understand FE's can run low "at idle" oil pressure....
Regards, george

Perry....let's get some basic questions resolved first....what rocker arms are you using? Have you done any restricting to them either in the block (two passages) or in the heads between 3 &4 and 5&6...