Install the t.stat before you bolt up the powerhead to the leg. The cover is a tight squeeze (need to remove the cylinder head to get at it, if the powerhead is on the motor). Problem is location of the t.stat down low at the pan (proximity to the hood latch). On leeroys page, he tells you how to reconfigure the latch bolt to give access -- have done that too. It's easier to work with the cyl head off, though, or the whole powerhead like yours. The t.stat cover is poorly designed, IMO, on the earlier models (pre '85). There is one bottom bolt, not two as your gasket would indicate (you have the right gasket). Recommend some OMC gasket sealer or some Permatex (black stuff, not the silicone RV sealant). Prep like you would a head gasket, and torque evenly to specs.