I run similar to G-nome. I can get to 50 psi before it�s warmed up, but it tends to hover around 15-20 at idle when hot.
I have read that that having around 6 psi at warm idle and 20 psi at 2000 rpm when warm is acceptable and within specs on these old flat heads.
On a older worn in engine, I would point you toward a clogged pick up, an oil gauge issue, a weak pressure spring in the oil pump, and to do a compression or leak down test.
On a fresh rebuild�with a known good gauge, I would suspect the new oil pump. Reproductions are known to have occasional issues.