I've figured my bike has a 165f or so thermostat. After adding the duct tape and riding back to Grand Rapids (mid 50s, rainy, 70-75 mph) I found that the temp gauge rode where it usually does in the summer:

I consider this spot to be normal operating temp. Needle is right through the 1 in 180.
My temp gauge uses a BMW sender (interchange for the '84 325i or w/e it is) screwed into the water pump housing (K's without a temp gauge have a plug here, it's right by the oil pressure sender).
Earlier this season when I was having issues with my water/oil pump leaking I inadvertently broke my sending unit. I replaced it with the one prescribed for the old 325i. They looked the same and since the gauge read operating temp to be in the same spot I didn't think anything of it.
Think I should replace my thermostat for good measure? I searched the forum and it seems one prescribed for older Toyotas interchanges and isn't $50+.
Should I hook up a mechanical temp gauge to check mine?