Hard to say without seeing it and since you've obviously done all the right 
things.  I''d be surprised if the big ends weren't knocking with only 10psi.  
Have you tried a known 'good gauge' on it?  As a desperate last ditch measure 
on a bad engine I've run a lot of STP in the oil.
You can try soap as a DIY water wetter in the radiator to help drop the temp 
a bit but short of big water pump pulley if it doesn't already have one and 
blocking off the bypass and fitting a blanking sleeve I can't think of any 
other 
quick fixes.
Regards
Daniel
In a message dated 18/05/06 03:20:28 GMT Daylight Time, spritenut@comcast.net 
writes:
> I told him he just can't drive 3 hours at 70 + mph with 5 PSI oil 
> pressure and a maxed out temperature.
> So he's bummed.
> Any ideas?
 
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