Originally Posted By: punisher
Nothing wrong with the bearing clearances. On the loose side, yes, but nothing that will cause a problem. (Old school "loose is fast" philosophy).
Anytime I see oil pressure drops/fluctuation at upper RPMs, I think of cavitation first and foremost. Sometimes people get the pickup /pan clearance wrong, sometimes you leave out a pan baffle/windage tray, sometimes you have drain back issues.
Add an extra quart of oil to the pan and see if upper RPM pressure changes.
The 10psi/1000RPM rule is kind of old, but something to remember- feeding an engine actual oil at 50 PSI is better than feeding it a foamy oil mess at 80 PSI.
Yup, this is what killed a motor we picked up that came with a car for my buddy (pics posted a long time back). Aftermarket pick-up/pan/pump/oil combo was cavitating. Ultimately the same supporting parts on a stock shortblock with a stock pump, pan and pick-up worked fine and reliably, pulling hard to the limiter, which was set at 7K in the Crane HI-6. This setup had no issues retaining oil pressure at around the relief on the pump (65psi) past about 4K IIRC.