Curious as to the outcome for sure.
That noise continues for a couple of seconds after shut down and all rotation stops?
If so I'm leaning toward a vac leak.
Does the brake pedal get hard real quick after shut off. How about a cracked vac ball.
Could be way off but that's my thought.
The oil pressure dropping when hot could be bearing clearance.
I agree with the vacuum leak theory...
Possibly the brake booster,I had one leak at the master cylinder once!--there was a bolt hole in the casting that the proportioning valve bolted too that had vacuum suction when the diaphram in the booster was failing...make sure the hose and check valve are intact to the booster and engine vacuum port..
OR, maybe the intake isn't sealed well at the rear where the rubber seals went (the ones GM says to toss and use RTV instead!)--I've heard a small block that had that "hissing snake" noise at shut down before,and it was vacuum leaking there--a quick way to test that would be to pinch off the hose to the PCV valve and run it with it "blocked" ,that wont let any vacuum build up in the crank case..
I've had engines that lost a lot of oil pressure once they warmed up fully,and just changing to a different brand and weight of oil "cured" that...the 350 in my 72 K5 would drop to 10 psi at idle when I used 10W-30 Amalie oil in it--changed it back to the Castrol 20W-50 I used previously,and it never went below 35 psi at idle...some oils thin out a lot more than others once it heats up..

my thoughts too. if no vent could it be sucking air at the rear sealI noticed the pcv was in the drivers side valve cover, but didn't see a vent in the passenger side. Could you be building too much vacuum and be whistling through one of the gaskets or seals? You could pull the oil filler cap to check.
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Jean, the dizzy has an electronic advance and was actually dyno'd w/o vac.
I still haven't ran it with vac but, in truth, was about to start looking into the difference a vac connection would make when the engine started singing a crazy tune.
Now, I will most likely go back to checking it out - It drives me nuts seeing the dizzy capped off.
Troy B
Ft Hood, TX
