My '75 runs thermostat temperature. I normally run a 180 degree until California smog check time. Then I change it out to a 195 just long enough to get it checked and then it's back to the 180. Regardless of which I have in there, it runs right at thermostat temperature. However, it wasn't always that way. When I purchased the car, it ran hot, especially at freeway speeds. It would creep up and up and up, until it got a little scary.
The difference? A new radiator and replacement of all of the seals that surround the radiator. It is imperative that all of the air flow be focused into the radiator. That means that all of the original equipment be in place and in good working order, including the clutch fan, air dam, seals around the radiator, hood to radiator frame rubber, etc. If the radiator is original to the car, it has without a doubt lost it's efficiency over the years.
I really struggled with having to pop for a new radiator, even though I knew in my heart that the radiator was the culprit in my cooling problems. Even with the preponderance of evidence, it took another engineer (John Z of this board) to convince me to buy a new one. I tried water wetter, examined the water pump, checked and rechecked the timing, etc. What it needed was a new radiator with all of the seals in place.
I know that I have gone on and on about this, but cooling problems come up on this board over and over and over. Unless pieces and parts, such as the air dam under the nose, have been taken off, it is more than likely a radiator that has outlived it's usefulness.
Just my $.02. Sorry for the long post.
Hey! Us '75 people gotta stick together!!