There are two thermostat assemblies on the 2BY2 according to the prints. One is where you expect, near the coolant pump. The other is on the exhaust manifold. Only one of these seems to be used.
I bought the one on the head, about $75. Mine was on the exhaust manifold, surprise. I think the actual thermostat Disks are the same.
My 4BY2 was overheating and the heat exchanger was cool. When the thermostat was removed, it was jammed shut! Leave it out until the engine ran cool. Not so easy. After removal the heat exchanger got to 150+.
With the thermostat out it still overheated, just took longer.
Found air leaking into sea chest, capped off the wash down pump. Better, but still overheated at 3400 rpm.
Replaced impeller, slipping on shaft at high rpm. Better still but still ran at 220 degrees.
Replaced thru Hull, elbow and sea chest with straight, no turns, strainer and mushroom thruhull.
Engine now runs perfectly at 195 degrees at 3500 RPM with no thermostat.
I recommend removing the thermostat (a very hard task) and be sure your engine cools well before you put in a new one. I don’t see the need for a thermostat if you typically run and 3200 RPM or above.
Photos coming soon.
Stuart Bell
Ranger 25: Shearwater
(561) 352-1796