I disagree with the larger main passages = high vol pump req'd statement. Turbo1dr has it right; the oil flow is controlled by the bearing clearances a lot more than it is by passage size, if you don't increase the bearing clearances you really shouldn't be changing the pressure much.
Chris, your example is a little too simplistic. A better test would be two hose setups with the same nozzle on the end, one with a 3/4" hose and the other with a 1/2" hose. If the nozzle is only 0.1", how much of a difference is your pressure gauge in the middle of the hose going to read between the two hose sizes? It will likely be some different, but not the radical difference your experiment would see.
Anywho, I had my #2 and #3 mains drilled out, but not as big as some propose, I want to say mine were done to 5/16" instead of 3/8". I have a standard size oil pump (though with lots of porting and other mods) and I have great pressure. I've done lots of things to ease oil flow through my system, and with the logic of "more flow = lower pressure" every mod I did should have hurt my pressure instead of help it.
I'll also mention that in the references that recommend the larger mains (Power Source, Free Spirit, and Ruggles books) none of them mention using a larger oil pump, even for all out race motors. I would have thought they would recommend this with all the other oil system mods they talk about if it was truly advantageous.
Finally, I know there are some out there that have little confidence in Merkel, FWIW, apparently due to some bad experiences. I know I have never seen the recommendation for a "high vol pump req'd with larger mains" anywhere except from him. Personally I trust the other sources more than him (for the record, I have had no personal experience with him).
In my mind, rather than seeing a lower pressure at the gauge as per Turbo1dr's sketch, I think of it more this way: The spring in the oil pump housing sets the pressure at the block entrance by the gauge measuring point. If you do passage porting, main enlarging, etc... you are raising the pressure at the bearing rather than reducing it at the block entrance.
If stock you keep 60 psig at the block entrance, and there is 40 psi drop between there and the bearing (no idea what the real number is, just using that as an example), then you have 20 psig at the bearing itself. Do a bunch of porting and drill out the mains and such, and now the 40 psi drop is down to 25 psi drop. The spring is still keeping 60 psi at the block entrance, so now you have 60-25=35 psig at the bearing. More pressure at the bearing = A Good Thing.
That's what I think anyway. My thoughts are worth every penny that you paid for them
John