Yes. I personally would not use it since the stock one is fine. The #7 port would be for an aftermarket unit.
Why?
Exactly. #3 is for the stock sending unit. #2 & #1 is for the heater core hose attachment nipple. It is possible to use ether one with an aftermarket sending unit. Again, I wouldn’t bother. Unless it was a race car or the stock gauge is broken.