Yes, at idle ( 800-900 RPM's) it's under 10psi unless I press the gas pedal to get it up to at 1500-1800 RPMs, then it will sit at a out 20psi at that engine speed. And the mechanical gauge reads nearly the same as the dash guage. It's a cheap Harbor Freight guage if that matters.....
This morning I started the engine and with the cold oil (it was about 45 degrees outside) it idled at about 20psi. The lifter did the normal tick for about 20-30 seconds, then got so quiet I couldn't hear it. And when I say "normal", I mean the same sound it's been making on startup for the last 13 years, not the loud noise it made after the first startup after replacing the oil pump. So I let it idle at 20psi for about 3-5 minutes and let the engine warm up. After it warmed up, the oil psi dropped down to just below 10psi, probably about 8psi.