WELL... it depends on what injection system/year you have, or more precisely, if it's Computer Controlled. On the '96 there is a water temp sensor so when the water isn't up to Temp it will run rich because the ECM "thinks" (based on the info it gets) it hasn't warmed up yet so it will increase the fuel mixture to compensate for the lack of heat, like the Choke used to do on the Horse and Buggy, er... I mean,
older vehicles I grew up driving. 165° is pretty low, I run a Jet Performance
Stage 2 "Chip" that requires a 180° Thermostate to bump up the amount of fuel to go along with other changed paramaters to give it more power, faster acceleration, etc.
SOMETIMES you can get away with not having a Thermostate installed,
BUT it's not advisable. Many vehicles will run
HOT because the water is moving through the Water Jackets too fast to pickup (absorb) enough heat to removed it. Thermostats don't cool the engine, they regulate the coolant "Flow", based on Temperature, to try and keep the engine running at a constant temp.
Will this ruin ur engine? Well, if it runs
too rich, some unburnt fuel could get into the Crank Case, dilute ur oil and, over time, cause premature Bearing failure. So I guess the answer is Yes, it's possible.
Just my 2Ȼ worth... so I'll respectfully wait for any rebuttals or opposing views.
Tatt
There are Mechanics on this Forum (Dave), so I'm sure we'll see how close I was.