Boosted2.0 said:
Nope - you have the 2 sets - under pistons and in valve cover, and they all run all the time.
There is a decent load imposed on the lubrication system when lift engages - I would guess that Soceur's oil level may be a bit low or he has excessive wear on his rockers to where they are hemmoraging oil pressure. Could also be his lift bolt is snapped and the shaft is spun so that the oil feed hole is just spraying out into nothing instead of into the rocker.
the oil sprayers that are above the camshafts (attached to the underside of the valve cover) actually get more oil flow once lift is hit for extra lubracation of the rocker sliders.
If the lift bolt breaks, only the tip breaks off in the rocker arm shaft, all the threads are still engaged in the head and no oil can escape from there. This will not cause a loss in oil pressure, if anything is should result in more oil pressure since the oil holes on the rocker arm shaft may not be lined up with the rockers oil hole.
You will loose pressure drop across your oil cooler, however about 7000 rpm you should have very good oil pressure even with the oil cooler. I would suggest however that you rule out some of the easier answers before looking for at the tough ones.
1) replace oil filter, to make sure there isn't a block in it
2) swap a different oil pressure gage in to make sure the gage is reading right
3) remove/bypass the oil cooler. just to check that you aren't loosing all your oil pressure threw it.
4) try 10w30 if your using 5w30 now.
remeber that the oil pressure bypass valve is built into the oil pump, once that valve see's 72 or 75 psi (I can't rember which it's around 70 to 75 psi) it opens up and dumps back into the oil pan. So anything that you add to the oil system that restricts flow (like an oil cooler) will make the oil bypass valve open sooner. So you may have say 70psi before the oil cooler, but you have (lets say) 5 psi drop across the oil cooler, then if you read the oil pressure after the oil cooler you would only see 65 psi even though the oil pump see's 70 psi and is dumping the extra oil back into the oil pan.
rule out the easy stuff first before you start looking into the more complex senario's.