Hve the 5.0 MPI with the water sending unit on the thermostat...I finally got all the system hooked up...Riseres and all...Ran it on Muffs and Tempo went to 140 and dropped...A good sign I guess... Put it in the water to run and ran for 1/2 Hr but the Temp neverwent past 100 degrees..Im hoping its the sending unit from the housing....im also hoping that it wasnt running cold the whole time but i assume it wasnt because it ran fine..Any suggestions other than no thermostat( thats is Installed)? like i said..on muffs went to 140 and dropped..in water...stayed at 100....Both hoses from thermo housng were kinda warm and engine block did get hot. so did the ports for the exhaust/water exhaust...Then afterplacing boat at mooring an debarking...got into dingy and flipped it..i nearly drowned but thanks to others I was ok......Damn water was colddddddddddddd