BIG radiator, cold air. I pull the cardboard when ambient temps get to about 50 average.
I like to drill a 1/8 hole in the stat, or this time I'm using a Stant super stat (I think that is the product name) and it bleeds a little coolant past on its own. This is theoretically to allow the cooling system to "burp" more easily when initially filled or air bubbles get in the system for whatever reason, but it does allow constant (minimal) coolant flow. With colder ambient temps, that radiator sucks what little heat there is right out of the minimal coolant flow, and pumps cold coolant through the engine, albeit at a minuscule rate. After a cruise around town this time a year, not getting above 40mph, I see less than 130 coming out of my radiator and 160ish going in. With the blockoff and the same drive, I'll see 180ish going into the radiator and 145ish coming out.
In summer weather without the cardboard, it likes to run low 200's (coming out of the engine, into the radiator) with the AC blasting, a little less w/out AC,no matter what the conditions, little variance in temp. Extended cruising in the 70-80 range will get it to the 210's. Magnum engine, 904, 3.55s.
Around here in the winter you'll often see larger pickup trucks and big rigs with vinyl grill covers that that have a cutout in them to keep the engines in their operating temp range.