It is still squishy while cold. I am running at 180-190F. I have never seen it get over this temp even on recent hot days and running 70 on freeway. This is also not under load . Just city driving here in the twin cities.
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This is a really good sign. The alternative can get expensive enough.
As Will L. mentions, start looking for leaks or the signs of leakage.
A small leak may not drip when cold, other than being moist. But may leak more when hot and evaporate. These tend to leave a bit of a trail or stain around the leaking area.
Depending on how good your eyes are, mine are not so good. In a darker area and a good strong flash light, check around the block, water pump, hoses and radiator for signs of coolant stains. ( I prefer my LED mag light - super bright)
It might be worth the time to pull the accessory mounting brackets to get a good look at the water pump and front cover. It can be tough to get a good look around the water pump
Check the thermostat mounting to the heads. Also around the blocking plates on the backside.
External leak areas I've seen or heard about.
around the hoses, loose clamps.
around the pump connection into the front cover and to the block
either the thermostat housing to head, and or rear blocking plates.
the side tanks seals leak, or the tank is old enough to start cracking. (possibly pull the radiator to inspect closely)
External block to head seeping
Freeze plug seeping
other leaky things
You'd probably smell a heater core leak, or seen foggy windows.
You don't have a Burb with rear heat.
On temps, once your confident the gauge is accurate.
I've seen two things.
Under load, temps spike to above 210. Carrying a snow plow at highway speeds can block air flow, causing temps to rise.
You can research Heavy Duty fan clutches, DMAX Fan blades, Electric fans, etc. I solved my issues by lowering the engagement temp for Fan lock up.
To save fuel, GM set the lock up temp pretty high. It seemed like between 215 and 220.
There are several good threads on changing this by modifying your stock clutch.
My experience was very good. With the plow blade on, fully raised, 40F to 50F day, running 60mph or better on the highway. This moved enough air to create a low pressure area between the grill and blade. Causing the temperature to rise. Only dropping the blade to just off the pavement would drop the temps.
Stock clutch would allow temps to get just above 215 before you heard the fan lock in. Once locked in, it would drop the temps, momentarily, below 200.
215 is just too hot for the heads.
I modified the sense spring and dropped the engagement 10 to 15 degrees. A quick spike from a hard run, can still get you above 210. But slow easy driving should allow the modified clutch to sense the temps and lock in early enough to keep temps in line. IIRCC, I lengthened the spring tab about 1/8". This kept my temps under 210. (except on a hard quick run) I would have done 3/16 or 5/32, on the tab, if I hadn't gone the wrong way and trimmed the tab. (OOPS) Take care to not get the lock in temp too low, it will impact MPG.
FYI, my fan clutch had well over 200k on it when it was modified.
DO NOT take my word.
Research, study, experiment on the cheap and easy (when you can), then observe your results. There is plenty of great experience here is this forum. You can confirm these experiences on other forums too.
Good Luck, these types of problems can be challenging.