1986 - New Motor

Looks awesome.

My grandmother used to say "pretty is as pretty does" which I think meant something like what good is a hot chick if she doesn't put-out.

Hopefully this motor puts out a great for you

Cool looking valve covers. Did you do them yourself?

All my life I've asked how to break in a new motor to everyone I know. I've heard, take it easy at first, I've heard what Joe says, I heard treat it like you would any other motor. I've had one say start off at high rpms and slowly easy it down for first ten minutes then run it hard and back down to idle for first ten hours or so, keeping the speed always varying to seat in the rings. The later is what I've done in my very limited experience.

60 PSI will not hurt anything. It does waste horsepower but not a lot.
Check to make sure it is running at the correct temperature. Cold oil does not lubricate as well and causes high oil pressure.
If it increases above 60 PSI as you accelerate that may be bad, I have had several engines with 60 PSI at idle and at RPM, I like it.
The old rule of thumb is 10 psi needed for every 1,000 RPM minimum.
With 60 PSI you are good for 6,000 RPM as far as oil supply goes using the old school rule of thumb.
Break in on a new engine: most critical is cam break in, the first 20 minutes running must be at 1,500 RPM or more, usually 2,500 RPM max.
This is to get your lifters spinning and keep them spinning till they are fully broken in to your new cam. This is a one time thing with every flat tappet engine on start up. If you don't get them spinning on start up you will need to start over with a new camshaft and lifters due to a flat lobe, usually in the first 10 hours of use you will know this.
Once the cam is broken in vary the RPM as mentioned above for the first 10 hours or so. I would not be afraid to take it to red line but I would not hold it there at all. Let it rev up and back off. Watch the temperature like a hawk, new engines make heat, heat will kill a new engine.
Drag racers build engines and go racing with no break in, Nascar builds engines and go racing with no break in. If it is built correctly they are good to go after the cam break in, just don't get them hot at all and make sure your tune up and timing is correct so you do not start detonating. Detonation can destroy an engine, new or old in seconds.