OK here's an update.

I replaced the water pump and no more squeak. I check the timing and it is dead on the line. That's where I want it. I also pulled the choke about half way and let it idle. I wanted to assure it wasn't a lean fuel situation. The end result... it is still running hot.
So, I bought a infrared thermometer and found something. After several minutes at idle, the temperature at the temperature sending unit is between 200 and 210. The termperature at the thermostat housing is 140 to 150. There is a 60 degree difference in about 2 feet!! I checked it many times (at least 10). This also validates the temperature gauge is working correctly.

So, I plan to re-flush the water jacket again this week. My question for everyone is, does this sound logical? Is there something I am missing? Besides water, What type of flushing fluid should I use?

Thanks for any help,
Dale

When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car.
-Unknown-