The temp sensor for an optional temp gauge is totally different than the sensor for the ECU/temp relay. Failure of one will not affect the other. If the temp gauge is not rising past halfway, then I can't offer an opinion; sorry. If the fan is not coming on despite the cool temps we've been having here in the GTA, then that is controlled by the temp sensor which is under suspicion. You could test the fan's operation in addition to testing the temp sensor, if you suspect that the fan might be acting up as well. If you trust the fan circuit to be working, then suspicion continues to point to the temp sensor in the stand pipe on the left side of the engine block behind the radiator.
BTW I've been driving my K75 in stop-go traffic this week and the fan is coming on regularly for me. So, it's not a function of the cool ambient temps we're having.
You should be able to get at the temp sensor to replace it without removing the radiator or draining the cooling system. I've done it. You need a hose clamp, like a set of vice grips with long thin jaws, to squeeze the return hose. Then you should be able to access the temp sensor by removing the air filter box. It's tight in there but just doable.