I would agree it's better the 'stat be jammed open than closed.
For what it's worth, when I did the rebuild, I discovered that the later models of mine did not have a thermostat or poppet valve, so I rebuilt it without either. Yes, it runs a bit rougher at idle than it used to when cold, and I need to use the fast idle lever on cold start which I didn't originally have to do, but for long term reliability..... time will tell, but it's now got two less things to go wrong.
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