I just saw that you posted this question in two places. I am only going to reply here.
On my 96 the gauge started fluctuating wildly but the O/P lamp never came on. I temporarily put a mechanical O/P gauge on it and confirmed I had good O/P. I replaced the sending unit and the gauge started working normally again.
You have a good plan with the mechanical gauge. You need to make sure you have good oil pressure.
When you pull off the freeway is probably the time the oil is hottest and thus the thinnest. If the oil is above full on the dipstick you may have fuel in the oil which thins it, too.
The oil pump is inside the front timing cover (The pan does not have to come off.) If you have not tabbed the KDP you could look at the pump while you have the cover off to tab it.
I put an oil pump related question in this forum but never got an answer.
http://www.cumminsforum.com/forum/94-98-powertrain/62269-oil-pump.html