well, there can be variations in stock gauges (or any gauge for that matter)...
On my t/a with a 180 thermostat, normal operating temperature was the needle at the left side of the horizontal line in the gauge.
Running hard going uphill over passes (CA), it would get close to 1/2. But, it would quickly come down going down the other side.
The only time it got to 2/3 on the gauge was when the thermostat "stuck"...
Think you should check the thermostat assuming everything else (radiator / water pump) is in good shape... Do you still have the shroud?
I have replaced the thermostat, and after I discovered this place I made sure to crack it back open and verify correct part, as well as operation in electronically monitored hardboil scenario.
Pump has also been replaced, mostly due to my Dad's opinion that "it's running hot" (underhood), but then again he's experienced with the big3, and it still gets just as warm underhood. It was the stamped version, and no thought at all was given to the impeller-to-housing running clearance.
The shroud is there, the oem fan appears to be there, the radiator was removed for a recore and came back with a fin pitch of ~8/inch (which I thought I read was "factory").
To tell the truth, it's always read at about the 2/3 area when the coolant reaches temp - as far as I can remember. It will drop some on the interstate at 65, but it's back to the 2/3 Mark any time I'm cruising at 55 or less. We don't really have any serious grades to test around here, save for one on the interstate north of benton... And it's a whole 20+ mile round trip back to benton unless I tackle the median fencing/emergency vehicle access cuts. Poor people can't make many miles in these vehicles without a spare 5gal can full!
I've not really worried about it after I take my eyes off the gauge, and I guess discrepancy in the ever-so-accurate factory device is the most likely explanation. I should probably go buy an ir gun anyway, and maybe apply at the local o'reilley's or something beforehand in favor of an employee discount.
...and maybe I can find out if the tank with the limb in it has an odd heat signature?
