I agree that seems odd. You have more experience than I do, so I don't know what to say.
Do you know if there's a spec for minimum low idle oil pressure hot? If it's low then it has to be the gauge is off, the bearings are worn, or there's a leak somewhere else in the oil system???
I've seen oil senders that will leak through the diaphragm and look like the oil pressure drops to nothing when the engine "warms up". I know you said it's a manual gauge, but I'd still swap out another gauge when it's hot to double check, even before swapping the thermostat. 190 might be stock, 180 isn't the standard like it used to be.