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					Originally Posted by bobcowan  Mine is like that.  I like the look of the cooler.   But I certainly don't need one.    
A thermostat will often not allow the oil  to warm up properly.  When closed, it allows about 10% of the oil  to circulate through the cooler.  As the oil  warms up and the thermostat is open, it allows about 10% of the oil to bypass the cooler and go back to the engine.   This allows all of the oil to warm up together.  Otherwise, the thermostat would open and you'de get a big slug of cold oil into a hot engine.  And that's a bad thing.   
 
The down side of that is that if you're cruising down the highway on a cold morning, the oil will never warm up.   That is also a bad thing. | 
	
 That's why the bypass when cold is only a small amount to allow it warm up.
An oil cooler without a thermostat will take a long time to warm up.
An oil cooler with a bypass thermostat will warm up the oil almost as quickly as without a cooler.
Any factory installation has a bypass, and so you should when adding aftermarket parts.
Gary