OK I did it guys...
Removed the thermostat, and checked it, it seemed like it actually opened at 190*
but the thermometer was touching the metal strainer that was in the pot so maybe the metal was hotter than the water. It was cool to see it open up though, kinda cool how it just opens like that.
anyway, that checked out i went and drilled two holes opposite each other, ones an 1/8" and the other is 9/64" i used the 1/8" first and it was dull as crap so I moved up to 9/64" after that. BillBoost PM'd me to tell me he had to swap his out in the winter because it took a long time to warm up in the winter, but he was too late, holes drilled, i'll just be after another 180* when winter comes back around.
anyway, I reinstalled the stuff, put the gasket on (and as far as i can tell the leak is solved). I jecked the car up while it was getting up to temperature (which did take a long time) and it sat like that for about an hour running with the drivers side front end up in the air. It got to 180-185 on the temp gauge and stayed. I had a thermometer in the radiator cap that showed 140* the whole time. So it had run like that for an hour at 180* outside in 94* weather. So i droped it down and went around the block, then up to the 7-11 (3 miles away) and came back. Temps went up to 210* :( . I later went to the track and temps stayed at 200-210*. So shes not as hot as she has been but still running over. I talked to pat while I was at the track (called him for another reason (tricking the ELC)) and he suggested doing the High speed fan override, maybe it'll help but we'll see.