Magnets in tanks: We actually sell a reservoir drain plug with a magnet in it, but you could just put any magnet in the bottom of your tank (old speaker magnets are good, and free.) It's amazing how much stuff they pick up, which will not then be circulating in your oil. Of course, a good return line filter will get the non-magnetic particles too.
Log splitter pressures: I've commented on this before, but I usually recommend starting at 2000 PSI and setting it higher if you need to. You will almost always have one or more components rated for a maximum of 2500, so I recommend that as a maximum. Triptester is right - you don't max out your pressure very often. Most splitting is done at under 1000 PSI. While the 2 stage pumps are rated at 3000 PSI, they have no relief. The cartridge sticking out the side is the low pressure bypass, best left alone. If the relief on your valve doesn't open up, the pump could run the pressure up until something breaks (a hose if you're lucky, the pump housing if you're not.)
Nice talking with you guys...
Don