Thanks for the replies. Here is a little more information. According to the customer, since he's owned it which is a few years, the gauge has always taken some time to register oil pressure. He brought it to me to fix an oil leak, and what I found was somehow the oil pan where the drain plug is got smashed in so the plug would not seal properly. I replaced the oil pan, filled it up with oil, and I couldn't get any oil pressure. I removed the dizzy, and tried priming the oil pump, but still couldn't get any oil pressure. It wasn't until I removed the regulator, squirted some oil back into the engine, reinstalled the regulator, then manually spun the oil pump and eventually I got oil pressure. It was a few days before I could get back to it to reinstall the distributor, and back to no oil pressure. I know the distributor is seated in the oil pump as I felt 2 "clicks" when installing it back into the engine, and the base of the dizzy is sitting completely against the block.
This has me confused as I don't see how replacing the oil pan could cause not having any oil pressure. I did get the oil pan and gasket direct from Toyota, so they should be correct. There was not any excessive sludge in the old oil pan. For some reason, the oil system is not keeping it's prime, so I am looking for suggestions as to what I missed, or is there a "check valve" somewhere what just happen to go bad at the same time I did the oil pan?
Thanks again for your help.