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I accept what you say, Sean, but I base my arguement on the following:-
1) What is the purpose of a cooling fan? - ensuring the engine does not overheat, so what do you need to monitor - the highest temperature in the block, this can usually be found at the exit point from the cylinder head, therefore the best monitoring point is that which is closest to that point - usually the exit hose to the radiator.
2) What happens if the radiator becomes blocked (mud ingestion thro off-roading?). measuring the water temp at the engine outlet tells you what the engine temp is, not the return temp, which, if the rad is blocked, could be sufficient that there is little or no flow, and could be cool.
3) by measuring the temp at the coolant inlet point, rather than the exit point, you are measuring the cooling efficiency of the radiator, not the heat source itself.
I believe that this is one of the main design failures of the Hippoo, which sufferes from localised superheating of the water in the heads, but the thermostat is measuring return flow temperature from the radiator. when the engine is turned off, the water temp in the engine continues to rise, but the return water flow, being in the ambient air flow, does not see any of this.
I always switch my electric fans from a sensor as close to the water exit as possible and power it directly from the battery, so that if there is any heat soak after the engine is turned off, than the fans will still cool the water in the radiator and the thermal conductivilty will continue to cool the engine. On my '40 which suffers from the being rear engined, with a rad in the front, an electric water pump will continue to pump water around the system until a nominal water temperature is reached. I have seen too many engines blow due to heatsoak allowing the engine to cook after turning the engine off.
Having said that - it is down to the individual, you do what you think is best for your engines.