Her's what i did.
1) Pulled the schrader out of the rail (there was still fuel pressure in the line, so i used some absorbent cloths to soak up the fuel).
2) i got this fitting - SRP part no 192-4 or 192-4BLK. They didnt have the black one in stock where i went, so i just used one that i already had that was red and blue. It's an adaptor that is -4AN female on one end, -4AN male on the other end, and a female 1/8" NPT port off the side.
3) Screwed the -4AN female onto the end of the rail and used a 9/16" wrench to snug it. No tape required on -AN fittings. Left it so that the NPT port was between 1 and 2 o'clock.
4) PTFE taped the male threads of my pressure transducer and CAREFULLY screwed into the 1/8" NPT port of the adaptor. Snugged it down with a 7/8" wrench. Just enough that it won't leak.
5) Got myself an SRP part no 3752 (probably available in black if you put BLK on the end of the part #, but not sure. I can't find it in the catalog i got in the store). It's a -4AN cap and screwed it onto the end of the adaptor and snugged it down. No tape on AN fittings.
6) Key on and check for fuel leaks. Store away the schrader and original brass cap and voila! Done. Wish the fittinhs were black, but i'll change 'em out later.
Pretty easy. I hope I dont tick off any moderators, but i got this stuff at Smiley's Racing Products in The Woodlands, TX. They were EXTREMELY helpful and let me try all the fittings before I paid for them, and even loaned me a few wraps of PTFE tape for the transducer. I will be a repeat customer as i like to be able to actually see what I'm buying sometimes. They have a few locations in TX and one in OK. Anyway, hope this helps someone.