As I posted before the coolant temperature reading since I started monitoring it with my Scangauge II was 207 F sometimes climbing up to 215 F. . After reading this thread I have decided to replace the thermostat and I did it yeasterday. I have ordered new thermostat and gasket from Rockauto.com - Stant p/n 48118 and 25286 accordingly. Good quality stuff made in Japan. It took me about 2 hours to do the job done. Took my truck for a test drive after that. The temperature was between 188 and 190. Drove my truck to work this morning (50 miles mostly highway) - the temperature was 188 flat all the way. I am happy. Thanks a lot to Qyota for very useful information!
New radiator is next on my list.
New radiator is next on my list.