People did things like that before anyone (except the really serious engine builders) knew any better. In about 99% of the engines you don't even need a 55HV pump let alone a 77HV.
You only have 10lbs of pressure at idle with 30 weight oil?I just installed a new oil pan on my 350, with built in windage tray and scraper, and I use the standard M77. I have 10lbs of pressure at idle, 40 at cruising and this is with standard 30 wt oil on a solid ft Lunati cam with edm hole lifters. I will change back to 10-40 wt once I get some more miles on the engine.