I have pretty much the same setup (Olds 455, Hardin/cpp pressure relief/bypass at the jet, wet OT headers, 4 port Hardin thermostat) but no gate valves. Water pressure in the manifold is 5-10psi WOT. Water feeds the headers through a Hardin tee with a pressure relief that comes off the rear of the manifold. If anything the headers get a little too much water off idle all the time, so I plan to add a gate valve before the tee. Other than that it works perfect.