If your holding 35 psi, while not ideal, you're not running out of oil.
At the end of the run, hpo spikes, and lpo drops?
I really think you should consider adding a second ipr. No reason to dump oil to the resivoir, there is plenty of pressure (adequate oil) available for the hpo system to work as you want it to. In fact the problem occurs when you ask it to stop turning 4400ish rpms.
Dump the second ipr into the sump, or down the hole in the valley-whatever-and i bet this smooths out.
On a side note, at the level you are running this machine, Imo, a straight racing oil 50-80 at might be worth looking at. Won't fix your current problem, though.
At the end of the track and I let off, RPM's drop, HPOil drops, and LPOil drops all at once. Nothing spikes, ever.
I initially thought that the reservoir was running out of oil as the pump keeps spinning north of 4k rpm pulling oil from the res, and that my external pressure regulator couldn't deal with the excess oil quickly enough and dumped it when I let off the throttle.
If the external regulator was in fact dumping too much dropping system pressure, then that means the reservoir was staying full, which could be the only way there could be a surplus of oil in the system, by not sending through the injectors as well as the IPR once I let off the throttle.
So now I am starting over in my thoughts.
I am trying to grasp what a second IPR will do. I'm not arguing that it won't work, just trying to figure out why it would. I know that the dual pumps(like FF/BTS duals) work great with 2 IPR's and they obviously are moving a ton of oil.
Do the pumps work better/prefer to dump out an IPR and not the bleed off?
I know the bleed off is a safety thing.
And I will try a 5w50 oil next season. My engine builder says it will probably help keep things more consistent any way.
Pretty sure there is a return passage/vent/whatever you want to call it. Isn't that why when Ive changed high pressurr oil pumps I can't over fill the reservoir, no matter how much oil I put in it? Or what am I missing here?
Missing something. You can overfill the HPOil reservoir quite easily. It holds lube system pressure when the engine is running, period. No venting. If you can't fill it up then you have an issue somewhere, that's not typical.