'69 Valiant 2DR Project

Man it is a scorcher out there today! I was outside setting up my engine stand, decided to tinker a little. The intake is a performer 318/360 and the carb is a 1406, 600cfm unit. Popped the t-stat off just to peek inside, looks a little rusty, should I be worried? I also took the valve covers off and it looked pretty clean.





I'm waiting to get it on the stand to take the intake, heads, and pan off to get a deeper look. It still has oil in it and I don't wanna drain it all over my borrowed trailer, that I feel would be bad manners LOL.