OK, I believe it's nailed down now.
Moved the ignition feed off the fuses. Changed the arrangement a bit of the wires going to the fuses.
Also did take apart the oil pressure gauge, snipped out the thin metal pieces between the twin holes on the back and carefully aligned/retightened it down. Tested the gauge itself, the gauge in the cluster and the gauge in the dash. Zero continuity. I theorize that I got this gauge, nearly NOS, because someone took it out of a car early in it's life and it sat on a shelf for 70-some years.
Ran incremental hot tests: ignition alone, then plus coil wire attached, then plus gauges wire attached. All lights work, zero fuses blown.
HUGE thanks to the knowledgable advice here, and the dogged tenacity of WQ59BJr! On to the next arena: the distributor.