I have had spun cam bearings. IMO, this is not your low oil pressure problem. Granted, it has to be fixed and is not helping BUT think about it. It is spinning in the bore (and unless it has moved forward or rearward) it is covering the oil hole. The 2 eng. that I had spin bearings lost no oil pressure. When repairing this spun bearing you MUST have heads and main caps torqued to desired value when they line bore the cam journals. Buy 2 sets of 87 bearings and use all the large bearings. There is .020 difference between the front and rear bearings as compared to the 2 center bearings. The 2 center being .020 smaller dia. out side. We all over torque the mains and heads which in turn distorts the 2 center cam journals. They are unlike the 2 end journals which have a mass of material holding them true. #2 and 3 sorta set out there with very little meat supporting them. This is why I ALWAYS torque heads on before I install cam. Once inserted it MUST turn freely with 0 drag. I even have a tool to relieve the offending bearing if it has drag. If it has drag and is not addressed, it will build heat once running and GRAB the cam juornal as yours did. With a HV pump and booster plate, believe me a spun bearing will not cause such a large loss of pressure--you have this problem plus something else going on. Best of luck.