i have a motor just like that and had a simalar oil pressure problem. mine was a plug in one of the the pressure passages was left out on rebuild and it would not hold very good oil pressure when hot. but i also never got mine that hot before. another thing that i found out about was after a time or two of removing the intake tubes the clamp that holds the tube to the cylinder would get warped where the bolts tighten it down and cause an intake leak you can lay them flat on a counter top and if you see daylight where the tube goes its bent. there simple to fix though. just thought i share some hard learned personal lesson.