Oil Pressure OK?
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250k mile 02 Z28 shows ~50 pounds of oil pressure hot and 60 cold with 5w-30 M1. I really doubt a mechanical gauge would show that much.
The oil pressure Gauge in a 4th Gen is one step above the 99+ water temp gauge which pretty much always show 210 degrees unless something is very wrong.
I've seen an LS1 have the oil pressure on the stock gauge flicker and pulse between 20-40 pounds at warm idle with the car running. Short version, turned out the alternator was failing. This was realized when the lights started to flicker a few weeks after the oil pressure bounce was noticed.
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