Crankcase pressure and oil pressure are totally different & unrelated. If your crankcase is overpressurized you may have excessive blowby. A compression test will indicate this
Were you using RTV silicone to seal the corners neat the camshaft & distributor caps?
The stock oil gauge can't be trusted. I'd highly recommend a cheap aftermarket mechanical gauge. The behavior you're describing sounds normal though, you will have high pressure on a cold start & the faster the motor turns the more pressure it will generate