Thank you all. It seems the pressure is fine since the light goes out when I speed up.
I figured dropping the pan was in order after I found the sludge in the filter tank. And I also thought the valves need adjusting since the motor is now run-in.
As for the new whirling noise closer to the driver, I think it was the starter. Yesterday I drove to Lowes, came out, hit the starter, heard lots of clanging metal which sounded like the starter coming apart. I let the engine start and waited a moment while the flywheel teeth finished digesting the starter pinion and spring then drove it home. Pulled the starter today to find no pinion, some nashed flywheel teeth, and a crack in the starter drive housing. It's a Delco-Remy 1108008
I need a core to replace it. Will a '51 300 Ultramatic starter work on a '52 300 overdrive?
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