Thanks Chilli.
I put the 500 break in miles on the new engine and changed filter/oil. While I had it drained, I pulled one of the stainless pipes that feeds oil from the sump tank. It was weeping oil, very little, but weeping nonetheless. I visually inspected them but did not have the fittings to pressure test. So, I bought the fittings and installed a schrader valve to pressure test, and sure enough there was a pinhole in one of the welds. It took literally 30 seconds to fix it.
I wondered how much oil would make it past the compression stage of the pump. Very little, maybe a quart gets past in a day. Sure enough, sitting for a week it drained the sump tank into the bottom end of the engine. There isn't enough oil to hit the pistons, seep by the rings, and hydro lock the engine...this I verified. On my track car, I just pull the belt off the pump and spin it with a cordless drill to drain the bottom of the crankcase.
So, I installed a valve that allows me to turn off the oil to the engine. Bad idea you say...well, it could very well be depending on how it is executed. I installed a 3/4" motorized ball valve.
It also includes (5-wire version) a separate circuit that switches between opened valve close circuit and closed valve close circuit. I used the circuit to interrupt the ground to the starter relay. Thus, I cannot start the truck if the valve is closed. It is rated for 80k to 100k cycles, so should more than last. I'll put a double throw switch in the cab to operate the valve.
The only thing that bugs me is that it would be possible to turn off the oil while the engine is running. I guess I could wire in a kill circuit for just such a case.
It is strange that nothing has been a problem so far. But, I won't tempt fate.