Yeah I know, LOL. I wish that I still had my old one because I'd just swap it back in and see if the problem persists. The only reason that I had it replaced was because my old mechanic said that the old one was, well, old (don't ask me his reasoning) and replaced it even though it worked just fine. Not a bad idea to replace a 15-year-old sensor but now it DOESN'T WORK, LOL.
Now, my reasoning for blaming a faulty sensor/circuit is that when my oil pressure "crashes," the engine doesn't start rattling like a can of marbles (the lifters are still "pumped up."). Hell, I've run the engine north of 3,000 RPM after the fact and it doesn't miss a beat or make death noises. I've been running all winter like this and, well, the engine hasn't blown up yet, LOL.