High Volume Oil Pump VS Standard Oil Pump
No it will not run your pan dry. The by-pass valve in the pump dumps right back into the pan if your motor uses less oil than the pump supplies. As long as your motor has the correct clearances it is a waste of energy and wear on the oil pump drive parts to run a HV pump. But lots of people run them and if it gives you piece of mind to run one then that is what you should do, after all it is your car.
I myself do not run them, not even in my drag cars.
Chuck