The problem with the thermostat housing is that if the thermostat is stuck shut, you are not getting a true reading of the engine coolant temp(unless you tap it into the bypass outlet). I would get the manifold tapped just before the thermostat personally.
I was running a Davies Craig thermos witch in the radiator hose, and while I didn't get any leaks, it seemed to sometimes vary when the fan as switching on/off.
I still have it, if you want it and you can have it, just pay the postage cost ;)