I don't think there's any "high pressure lubrication" to the valvegear. Pressurized oil from the main gallery passes up through two small orifice restrictors under the barrel section and the low pressure oil from them goes up through the barrels to to the head and filsl a sort of reservoir the cam spins in, splashing oil around a bit. There may passages that carry oil to the cam bearings but I don't have a 550 head around to examine - but the splashing from the cam lobes should get everything wet.
Oil should not be splashing out of the tappet covers but you should see oil dripping around if you look in. The video is too far too see anything like that.
The restrictor orifices can get plugged with crud, particularly if the oil filter got clogged and the bypass opened letting junk through. If your old cam looked like it had oil starvation, I would want to confirm that both sides are getting sufficient oil flow.