Temperature gauge does not work on my 1970 340 Duster ?

Great insight RedFish. I will look for the solid state limiter. Please message me if you have a link to the one you used. Although my original still works I would like to eliminate any issue going forward. Back of my mind I've marveled at the success of the simple mechanical design. If it were to get stuck on 12v I would assume it to be a $250 trip at the auto part store. Like I noted earlier, the limiter was too short of a cycle to get an accurate reading with my multimeter so I only confirmed with a lightbulb that the cycle has a constant cadence.

I'm pulling the thermostat today to see what is happening in the vicinity of the sensor, and will test the sensor in a can of hot water to see if I can get a reading. DartLarry's message above has me thinking I'm getting air in the system causing an air pocket at the thermostat. I can't thank you gentlemen enough for your generous help. At 20 years old I only have the internet and people like you to get these types of things solved.
I'm at the 'shinny new tool box' part of my life and the best source is still the 'slightly rusty Craftsman tool box with super smooth roller drawers' kind of guys like you make it happen.
update on the temp gauge ghost. I pulled the sensor and dropped it in a can of 212º water. It registers about 120º on the gauge. Ohms at .105, so either the gauge is out of calibration (not too likely) or the voltage step down is not outputting 5 volts. (40 year old part) I'm going to get a solid state converter and fingers crossed. Stay tuned.