Regarding the steam holes in the blocks and/or heads, see if these links to past threads help. As mentioned, the validity of adding holes where there are none is questionable.
http://forums.y-blocksforever.com/FindPost80678.aspx
http://forums.y-blocksforever.com/FindPost47272.aspx
http://forums.y-blocksforever.com/FindPost31956.aspx
On performance builds, I block the holes in the block itself as many of the cylinder heads I’m using do not have the ‘steam’ holes.
As far as pressurizing the rocker shafts, I go either way depending upon the application and/or the clearances between the rockers and the shafts. If rocker clearance is ‘like new’, then I do prefer to use the overflow tubes at least on the right side of the engine to provide additional oil to the timing set. If the rocker to shaft clearance is 0.004” or more, then pinching off the rocker overflow tubes or blocking them off altogether can supply additional oil to the rockers furthest from the oil supply entry point. For the aluminum roller tipped rockers, I always pressurize the shafts. Keep in mind that on most of my Y rebuilds, I do increase the oil flow capability to the top end of the engine by machining a new oil path behind the center cam bearing.