Vince, Did you resolve your issue? What did you try?
I am having the same issue. I had a rebuilt pump on the car and ran into this. I installed a new pump and hoses last summer. Had intermittent issue with PS cutting out. I drove my 68 ss350 today and there is no PS below 1800. No foaming, no air bubbles in the lines. Fluid reservoir is full and warm. This is a factory PS setup.
Has anyone tried modifying the Flow Control Valve on their 1st gen?
Thank You,
John