Sooooooo,
Changed oil (5w30 synthetic), filter, PCV valve, rubber valve cover gaskets with the metal runing in the middle (its what I was running before also). Was able to use existing broken buffer after some fabricating. Swapped out the oil pressure extension that was originally on the 302 when I bought the Bronco years ago to a much heavier duty Scott Drake one. Installed Loctite thread sealer as was suggested. AND was able to manually check my oil pressure which sits at 52# at idle hot.
Drove it a little this weekend and so far so good. Weather is going to be crappy next few days so won't be able to give it a good shake down. Also, I only put 5 quarts in so far. Dipstick showing a little more than a quart low while warm. Gonna keep an eye on it.
Fair Oaks, that is a helleva PCV valve. I might look into that if leaks persist. Thanks