Ummm, no. I'm saying niether a guage nor a light is ideal as a fail detection system on a critical piece of hardware like an engine. More so when the operator is not able to scan the display frequently while riding. How many times have we all been guilty of leaving a turn signal on, the warning light going unnoticed for blocks and blocks? If that was a pressure guage or a pressure warning light, makes no difference.
When I was younger and even more foolisher than I am now I had an oil tap fitted to my 850
Late for work one morning I'd forgotten to turn it on
I got 7 miles before it started to rattle and started to feel tight
I pulled over immediately and turned the tap on
I 'just' saved the motor
It quietened down and just carried on as usual
So in my completely unscientific way I'm guessing you have 7 miles from an oil pressure failure to notice an oil light on/pressure gauge
Around a year ago the oil pressure light came on on my 750
I pulled over and all I could check was the oil return which was fine
I decided it must be the sender switch as the motor ran fine
So I nervously rode home hovering the clutch lever
I took the sender off and screwed in a pressure gauge
Bizarrely the guage didn't work! I didn't know that at the time
So after much head scratching I tried another guage
The pressure was fine
So a new sender was fitted and it's fine again
On my trident I have a pressure gauge and oil pressure light
They are considered more essential on a trident