I have no experience with the Comp Cams hydraulic roller tappets, I don't know who makes them. I don't know how much compression Comp Cams suggests for adjustment. But 3/4 turns compression sounds like too much. 3/4 turn was fine 4 decades ago, but the plungers of modern hydraulic tappets are not capable of being compressed as much as they were 4 decades ago ... nor do they need to be compressed as much. Start with re-adjusting the tappets, in the car, with the engine warmed-up and running. Adjust them 1/4 turn beyond the point where they become silent.
Were the bearings recently replaced, or are they the old bearings? If they are the old bearings, they are worn, that would explain the low oil pressure.
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