There are no hard and fast answers, I wouldn't be overly concerned with 320kPa, it sounds a little low but you dont need 120psi oil pressure for a bearing to survive;
None of the diesel engines I work on really run over 400kPa and they handle stupid amounts of sustained load for eons.
What do other 7MGTE's seem to run at?
Your going to lose a fair amount of restriction when your oils 120c, if you could get it 20c cooler your going to pick up a decent bit.
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