I am an Idiot!! Heres the deal, problem fixed, went out and got a 160 degree thermostat with a built in valve to prevent air pockets. Took the car out this afternoon and she ran at a cool 172 to 175 degrees at an outside temperature of 65 degrees.
The crate motor came with the 195 degree tstat so I was thinkin must be the right one, only problem is the motor is built for newer computer contolled vehicles.
The temps here in Virginia get up to 98 humid degrees in the summer so that is why I wanted to go with something cooler. Any problems with running this cool?
Thanks for all of your responses and input, I hope someone in the future can use my stupidity to avoid a similiar mistake. On a good note I did not kill my motor!!