Bob
What cam was installed that wiped a lobe? It's pretty unusal for this to happen, unless you've got high spring pressure or very agressive lobes. A 268 can't really be considered agressive IMO.
Another thing to worry about is coil bind. What kind of lift was the bad cam producing? Do you have stock heads? The 20/50 trick also has me a little nervous.
So the shop said you wiped a lobe and that caused oil pressure loss? Or did you loose oil pressure then wipe a lobe? I'd move real slow and try to get to the bottom of what went wrong, before I start throwing new parts at it.
KM