Ed,
I am no expert on any engine but my last two big block high performance engines came from the factory with a pan baffle over the top of the pan to keep
oil from splashing on the crank. Also a friend of mine that races in the SCCA has used a dry sump for the past 4 years and never had any problem. K.C. or one of the FE people would be able to explain it to you.
Ron