ddd,
The answer to your question requires you to get your hands on specific information for the sensors. You mention "new" Small Block Chevy - is it a crate motor, or a new engine yanked out of a newer running vehicle (reason I ask is that the new Small Block engine that replaced the 350 is the Gen III 5.3L powertrain)? Do you have a 5.7L or a 5.3L? If it is a 5.3L, and you can read the engine part number (rear side of the block on or near the head, an 8 digit part number), then I may be able to locate a drawing for the sensors (I work with GM in the Detroit area).
You need to know the resistance vs. temperature (or oil pressure) curve before you can consider your options. Then you can compare that curve to the points indicated in the Land Cruiser service manual. That comparison will allow you to calculate what you have to do to get the gages to read correctly.
I had a similar issue with my fuel tank. I got a long range tank that came with an Autometer sender. I got the curve and compared it to what the gage needs to "see" and did a few calculations to correct my issue. As it turned out, I added a resistor across the gage and it read most accurately near "empty".
You may have a difficult time converting if the relationship is not linear. Then you get into more exotic solutions that you probably won't be interested in spending the time to mess with (using solid state electrical components).
First things first, can you get the sensor information?