Re: engine temperature fluctuates?

I had this fluctuation problem with my thermostat as well. I changed the thermostat, the upper and lower sensors, the impeller, flushed the engine and cleaned out the debris filter of residual debris in my cooling channels within the engine, also changed the water pump and water pump gasket. In my case after starting the engine cold, the fluctuation only starts after 8-10 min of running, basically after it warms up and usually I've been running at about 30 MPH during this period. At this point the temp gage starts to swing down to 100 then up to 180+ then down again. This just started happening about 10 hrs ago. When I reduce my speed to idling speed, in gear, the temp gage sits on 160 where it should be. I have never tested it on the lift with the internal flush kit assembly pushing fresh water through the engine block, nor have I confirmed that the internal flush assembly is or is not leaking. Also, I have not done the annual out drive maintenance inspection and clean by taking the out drive off for this purpose. Any further ideas with this additional information?
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2000 Formula Thunderbird 260 Bowrider
7.4L MPI w/Bravo III drive