That looks normal to me. Cooler oil has more viscosity. Do you have a oil temp gauge in your boat? In my boats, I can vary the oil pressure 5-6 psi by regulating the oil water flow. At 210°F, my pressure is about 47 psi, 180°F it's running about 52 psi (this is running 4000 - 5000 rpm). At idle, the engines run 65 psi cold and 40 psi warm. This is with small block chevs, but the same should apply to your motor. Don't worry, be happy.
JB
[ August 19, 2002, 10:21 AM: Message edited by: Jungle Boy ]