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x2 on not worrying till you know the real numbers.
My dash gauge was fried, and so was the sending unit. Old reading was pegged at the top. Replaced sender, new reading below the bottom. Really good numbers off the mechanical gauge. Got a used dash gauge and changed it out, and now it sits about 2/3, with slight up and down with temperature and RPMs.
With 124,000 miles, unless the oil has never been changed, your pressure is probably okay. But I'd definitely check it mechanically.
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1985 FJ60
1987 4Runner
2007 Honda XR650L
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