Hi Jerr and all. Many thanks for your detailed information, including the pictures. Also, thanks to everybody else who has responded - all great information. However, based on your feedback, I have decided that the mechanical thermostat (with that huge temp probe and large fitting) is probably not the best way to go for my original '57 Bel Air 283 (live & learn). While I try to stay as original as possible, I really need a temp gauge with numerical readings so I think that the thermostat spacer with a set of electrical gauges is the way to go. It's a small compromise in order to have the gauges I need and very easy to go back to stock whenever. In this regard, I can still have both the stock factory dashboard temp gauge and the new aftermarket electric gauge cluster and the electrical wires look easy and clean.
The Auto Meter gauges that you recommended look great and I may go with them but, SunPro also makes a set of electrical gauges that are much cheaper - any problems with SunPro gauges?