As stated before, Olds engines and 455's in particular have weak oiling systems. Attention given to a few key areas will help with the longevity of your motor.
First, get yourself a good quality Melling high volume oil pump, (not high pressure), and run a thicker oil to maintain oil pressure. As you found out the hard way, 455 cranks will walk around a bit, so slightly larger than normal clearances are required. Forget tighter clearances as others might suggest, this is an Olds and not a small block Chevy. To help minimize crankshaft walk and flex, upgraded main caps and/or supports are a very good idea. Also, use main cap studs, preferably ARP, and not bolts.
Further, installing oil restrictors (available from Mondello racing) under the main bearings in the block to cut down on the amount of oil directed to the top end will keep it down in the mains and rods where it's needed.
The fact that it spun the main bearings and not the rod bearings tells me the crankshaft was flexing under load. That combined with tight clearances is likely what lead to the failure.
And possibly most important, keep your rpm's down. 5500-6000 rpm MAX. 455's don't like high rpm's, they're torque monsters. And quite frankly, with torque numbers in the 500 ft lb range from almost idle on up, you don't need big rpm.
These suggestions combined with the other standard performance engine building practices mentioned above (chamfering oil holes in bearings etc) will help ensure your rebuilt 455 is a happy one.