360 Advice Needed - Autocross / Street Engine Build

Those headers sure run hot, even right after startup! Got a loaner of a FLIR camera from work, so was able to map out the engine bay.
View attachment 1715205212

Also checked the timing, it 20° initial at idle, and total advance is 34° by around 2500rpm.
A/F ratio is currently 13.5:1 at idle and 12:1 under load.
Neither of these appear to be a source of excess heat.
(Will pull the plugs and compression test tomorrow after work)

So, for the cooling system:
Thermostat housing: 208°F (180° thermostat installed)
View attachment 1715205213

Upper Hose: 170°F (rubber insulates)
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Lower Hose: 167°F
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Top of Rad Tank: 210°F
Bottom of Rad Tank: 201°F
View attachment 1715205215

So based on all that, I strongly suspect that the water is flowing to the radiator, but in such low volume that it cannot cool the engine?

Failing water pump?
It's and old one, I probably should have installed a high flow one when rebuilding the engine. Didn't think about that until now!

That's a terrible temperature drop across the radiator.

You have a mechanical fan that was spinning when you were taking those measurements right? You should be looking at like a 30* drop in temps from the top to the bottom of the radiator. I'd suspect a plugged up radiator before a failing pump, but that's just me.