If you've got Eagle rods and all fresh bearings, pumps etc feel free to rev it past 7000. Am I right to assume that you took the old bearings and put them in the new rods? Even if they're "alright" on the plastigage you might as well replace em while the motor's apart. Too late now I guess...
After you fix whatever this oil consumption problem is, go ahead and rev her past 7 grand. The reused bearings (if this is the case) have me a little concerned but not overly so.