The pump is submerged in the oil pan, so no priming is required. Also, spinning a new engine with new camshaft and lifters is very hard on the cam, as it gets no lubrication until the crank starts slinging oil...and you are scraping what oil there is off the lobes. You would have to crank for a long time at cranking speeds to push all the air out of the galleries on a new engine. It will come up quickly after starting if you follow the following process:
On my initial start-ups I have the distributor removed and turn the oil pump with a screwdriver...just at hand speed until I see oil coming up the distributor gear hole. This ensures the pump is working. I then insert the distributor, time it with a test light on the points with the crank TDC indicator 3/8" BTDC. With practice this takes about 1 minute. Finally, I have left a quart or two of oil to add over the valve train, so it flows down the pushrods, and hopefully some gets to the cam for initial start. Then the valve cover goes on, just loosely, since I will be checking valves after the first run.
I then make sure I have a fully charged battery, I pump fuel into the carbs, pull the choke out fully...and crank her up so she starts with minimum cranking. Once she starts, I set the idle using the choke to 2000-2500rpm, to provide the maximum splash oiling to the cam and lifters. If there is no start in the first 5-10 seconds of cranking, then look everything over, as something is off. During the high idle initial run, for about 15-20 minutes and while the engine is coming up to temperature, you have time to look EVERYTHING over for oil pressure, leaks, loose parts, proper charging. Shut down immediately and take care of any issues you find...then re-crank and continue.
After the first run, allow her to cool down. Re-adjust valves, check coolant and oil levels, retorque the head bolts, and final install the valve cover. Now you are ready to restart, bring her up to temperature, and set the mixtures and idle speed on the carbs. Idle should be a little high, but not over 1000rpm. Now you are ready for a road test, and to seat the piston rings.
Seating the rings envolves finding a road where you can accelerate and decelerate without numb nuts tailgating you. Bring her up to about 30mph and shift into 4th gear. Now, accelerate full throttle to about 50-60mph, then let her decelerate back to 30mph at idle power. Repeat this a good 10-15 times. Accelerating loads the rings and maximizes their pressure against the cylinder walls to lap them to the cylinders. Decelerating creates enough vacuum to pull oil up the cylinder walls to cool and lubricate the cylinders, pistons, and rings.
Now just have fun with it! After about 500 miles you can final set the idle speed to between 600 and 750, check the valve clearances and check the head torque one last time for the life of the rebuild. This is just a check...as anything loose may indicate an issue developing.