depends on which high pressure pump they put in. Standard melling is 65 psi relief, 80 psi is an option and then there is 100 psi.
Your pressures don't sound too abnormal although the small journal 302 doesn't really require anything real whicked to keep things happy. Biggest danger of high oil pressure, cheap oil filters will drop into bypass, and not filter the oil.
Second biggest danger in the 302 is twisting off the pump drive if you don't allow things to warm up, your hot pressures sound a little high for a 302, but just about perfect for something on a 3" main journal.
The cam drive gear is a concern, and a good bleed point is to pin hole the galley plug adjacent to the cam drive and let it have its own direct spray oil. Cools and lubes the thing. THe modification on my engine bleed off about 10 psi total pressure. My concern is pump load and lifter spring load.. so all the cool and lube I can get on the drive gear is good.
Pressure is a result of volume pushed, and designed leaks to the system, the only differnce between your pump and a standard pump, is the relief spring, standard pump drops into internal bypass at 65 psi. You have a standard pump volume wise, with a stronger spring. Moving the oil through the engine at higher pressure is better than having it circulate within the pump.
Bigger concern is, is hopefully the intent of the engine isn't real high RPM, as it sounds like clearances are more akin to a stock or street build, REAL TIGHT, for long life, versus loose for great oil flow, but more frequent rebuilds. Give it 1000 to 3000 miles of driving to figure out if your still concerned. Just remember to let the thing warm up before beefing all over it.