A little off topic, I once did an engine conversion (from BMC A series to Fiat 125 twin cam), and encountered something I've never seen before or since.
Once the 125 engine had been fitted to the recipient car, when the thermostat opened it allowed cold coolant to flow up through the motor until it reached the thermostat, at which point the thermostat would close again. This resulted in the engine temp cycling up and down several times before a stable engine temp was reached. The guage needle would reach 'normal', then plunge quite quickly to near the bottom of the dial, causing me to become concerned about the possibility of thermal shock.
The rather spooky thing is that while I was in the process of doing this conversion (and before I'd fired the motor up) it had crossed my mind that such a phenomena might be possible, and I was wondering why it never did. And then it did...
At any rate, it turned out that in the Fiat 124 Sports (more or less the same engine as the 125), the Fiat boffins had moved the thermostat from the typical location in the top of the head to a remote plastic housing located between the head and the radiator. This housing had two outlets, one to the radiator and one back to the bottom of the engine, and allowed coolant to flow through the motor without flowing through the radiator, until the thermostat opened.
Removing the stock 125 thermostat and fitting this bypass system cured the problem, but strangely, the 125 engine hadn't exhibited this behaviour when it was installed in the donor car, only when transplanted into the recipient...