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The sensors are not mil spec. 2 to 3 degrees is probably with in spec.. Your coolant does seem a little low. I normally run 194 to 204 depending on ambient and empty or towing.
I would change your t-stat, mine was running about 180. After replacement it is at 190-195. Here is a photo of a V10 & 6.0 T-stat, shows how big it is!
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