10 psi is a little low
But these old 4.0 have low oil pressure at hot idle for sure. I would consider so treatments for carbon build up. There are two or three ways you lose oil pressure in these old engines, 1 is carbon buildup and the most common, it clogs the drain backs and passages. But carbon can be broken up w solvents and detergents. 2 would be old crank bearings not able to hold oil pressure usually a little lower end knock will show up when you are at warm idle. They can run like this for years and years, 3rd would be a problem with the oil pump or pickup tube. Not very common as the oil pumps are very stout. So I would run some marvel mystery oil or sea foam in my oil changes and Mobil one oil see if you can’t get some oil pressure back in time as you bust up the carbon chunks