I can't say what might happen on a street engine, that runs for long periods but, the 427 LR I was running, in 1969, was a roller cam, drag race, race engine, so it ran for short periods. As I stated, somewhere above, on 20-50 Valvoline, it pegged the 120 lb gauge, when cold and ran in the 80's warm. I only used Fram filters in those days and never blew one but, there were warnings about that, in those days. Also, I never saw or heard of anyone blowing one at the track.
Since the 427 has always had the block relief valve, I would think that there would be more info about the high, cold pressures, related to the 427, on this forum.
Did the original 427 oil pumps have higher pressure relief valves and no one makes them any more?