As part of the original engine design, an oil trough was mounted above the lower timing gear to direct oil specifically to the timing gear set. This trough was discontinued in 1956 with the thought process being that the excess oil from the right side rocker arm assembly still being adequate oil for the timing chain area. Here’s a link showing the oil trough.
Timing chain oil trough
If completely pressurizing the rocker shafts, then here’s a link showing what Tim McMaster has come up with to provide some additional oil to the lower gear and chain. This helps to replace the oil that is no longer coming down the original path.
Pressurized timing chain oiling
Any engine modifications that do away with the additional oiling at the timing set will simply accelerate timing chain wear. The link style timing chain used in the original engines is more susceptible to wear than the roller types of chains so this is something to keep in mind. Although there is some oil seepage coming from the front cam bearing during normal running, it’s questionable if that’s enough oil to adequately lube the original ‘wide’ link timing chain that’s being used without using some of the oil that comes from the topend of the engine.
The original oiling system when used with modern oils does actually hold up well over the long haul. Most of the problems with the early engines in regards to lubrication issues centered around the use of paraffin based oils (big no-no in the Y’s) or inadequate oil change intervals or both. My own 272 has over a quarter of a million miles and it’s still std/std on the crankshaft with the rest of the engine only showing minimal wear. This engine has been using TropArctic 10W-40 since 1955 and based solely on this, says a lot about the advantages of modern oils. TropArctic has been around since 1954 and was actually the first multi-viscosity oil introduced for automobile use.
And here’s the link to a thread with links to several past threads talking about pressurized rocker arm shafts. http://www.y-blocksforever.com/forums/Topic51052-3-1.aspx
Doing a search on the site will bring up some more.

Lorena, Texas (South of Waco)