I bought a new cast iron High flow pump from John Phelan a while ago, and it works ok; Fairly sure Greybeard (GB) has the same. Can't recall John Phelans business name, although I saw the receipt the other day, much cheaper (and less fancy looking) than SRM but who cares we can't see it anyway.
Is that the sludge trap at the bottom of the picture then - being acted on centrafugally to grab any debris?
No. As GB said, the sludge trap is at the top of the picture inside the big-end journal running horizontal from the right to what looks like a 'B' in the picture on the left B/E.
Ray, (or whoever); in the groove in the right/timing side main journal opposite the big-end is a hole that the oil flows into- a 'gallery' through to the big ends just inside the plug, it's on a bit of an angle and poking a bit of wire down (or a pipe cleaner- or more appropriately a gun barrel brush), you'll see where it goes.
Keeping its location in mind is important when reinstalling the plugs so they don't block the flow