I got some heady advice from Ashedd; he said go ahead and drive it because I certainly have oil pressure.

That was good advice because it helped me figure out what happened. Apparently the indy idled the car up higher when he installed the new tranny - without telling me. The tach does not work so I really did not hear the difference.

So I drove it and it started backing off at stops like it is supposed to do. Guess it was a false alarm. And thanks for your responses; they are much appreciated.