I've replaced the oil pressure sender 4 times in the ten years I've owned my '91. They just tend to be junk.... oil pressure is usually just fine. You mentioned that you have yet to change the coolant and oil. Therefore, the temp raise was bound to happen. Also, put in a new thermostat and new hoses, top and bottom. The std thermostat is a 195*, but you could experiment with a lower at 180*.