There's more to say about the thermostat cover on the 9.9s and 15s. The older covers with the thermostat at the bottom are fine, but a little trickier to install. Because the clearance is really tight, the head cover needs to be removed to service the t.stat. That's not hard, although there is a little trick to removal and replacement of the head cover as well -- need to leave the two bottom bolts in the cover after loosening from the head (removal). To replace the cover, the two bolts need to be partially inserted through the cover before dropping it in place. Procedure for R and R of the head cover is the same irrespective of the type of t.stat cover. The newer head cover gives you more space for plug and ignition wires, though -- old t.stat cover made clearances very close. I don't know if there is any operational preference between the two t.stat placements (both seem fine to me if assembled correctly).
Leeroy's Ramblings describes a procedure for tweaking the hood latch assembly to provide more space for the older motors. I've done that and it works -- but it's just as easy to pull the head cover with the attached t.stat cover. Additionally, it's better to install the older t.stat cover and gasket on a workbench IMO. I find it's important to resurface the t.stat cover like you would the head cover, then assemble with proper torque and circular bolt pattern. The lower left side of the cover was probably a trouble spot until '85 when there were two opposing bolts at the bottom of the cover. I know I had some trouble with leakage at that spot with an '83 9.9.