You can change your instrument cluster to the gauge type just by swapping one in. You don't have to do anything at all to your wiring harness, or change the temp sender. The temp gauge will work the way you want.
To get the OE oil gauge to be functional, you have to swap the pressure switch (brass) for a sender (galvanized steel) from the
parts store (~$12) for a pre-'86 truck and short across the 20 Ohm resistor on the back of the gauge cluster. Look at this pic:
http://www.superford.org/registry/ve...075&original=1
It's the tiny tan thing in the top R corner of the film circuit with 3 stripes and it says "20 Ohm" above it. That will make the oil gauge real.