Sorry to keep coming back to this, but I realize that I'm not quite satisfied that things are ok. So two things:
1) John: I didn't report back, but I don't sense any excessive crankcase pressure when I open the oil filler. The breather consists of a hose with a filter on the end about 2.5 in. in diameter. Filter seems clear enough, but I washed it in hot water and detergent. With it off or on, things seem quite clear at the end of that hose. When I put my hand over the open oil filler and revved the engine, I didn't get significant extra pressure.
Also, there is no weep hole at the fuel pump. I got a new spacer (like a 1/4 in. thick gasket, req'd for a twin-cam pump mounting) that I'll install. The old one was less than perfect when I re-installed the pump after rebuilding, so even though I didn't expect it to leak, It's not out of the question.
2) Could some nice TC owner or two please give me a measure of the length of their dipstick tube above the block. It would give me a lot of comfort to hear what others see on their similar cars that are thought to be correct. I would appreciate it.
I put 20w50 in the car and until it warms up I'm seeing about 60 psi oil pressure. That seems quite high, but I don't know if that's a problem. I don't remember what I saw under similar conditions (cold) before I changed the oil, and I don't know what grade was in it. I think warm it was showing about 30-40 psi. I was not concerned. Now I'm seeing in the 40+ range warm. I've had some leaking at the camshaft seal adjacent to the alternator drive pulley all along. It seems to be worse now in that vicinity, and I'm wondering if maybe it's coming from the head there. Maybe it's just paranoia. I'll tell ya, I'm looking much more critically at everything including the gauge now.
I will re-torque the head bolts.
Vince