Finally got everything back together.... Pulled the oil pan and inserted a brand new shaft from underneath... Bought a new oil pump and installed it too while everything was apart. Started right up and everything sounded good. Oil pressure was good at start up... Let it idle for a few minutes and then it slowly dropped down to about 10 psi. (This is a mechanical gauge) I decided to try to drive it around babying it and the pressure would rise with the Rpms... Up to about 35-40. No leaks or anything
Not sure what to think about the oil pressure...
I don't think you have anything to worry about. I've seen quite a few SBF that have readings that low at warm idle, and all it means is that your motor is a on the side of being worn. Something to keep an eye on for sure, but nothing to warrant an immediate rebuild either. If you still have good compression, oil is still making it up to your valvetrain then I wouldn't be too worried. Lubrication is more important than psi - you could always run a heavier wt oil to increase your psi, but it becomes worse for wear at cold startups. So long as oil is being circulated, I'd say you are ok...until it begins to drop further.
My 351W hovers right around 15psi when fully warm at idle and has ever since I rebuilt it. And that is with an electrical sending unit, which itself may be a few psi off.