I don't see how they can. I know truckers do it, don't their trucks have thermostats as well?
Thermostat is what governs engine temp, you've got to conduct heat away from the cylinder walls, but if the thermostat never opens, and the engine won't warm up, that means heat transfer would have to be incredibly efficient somehow.
Only catch is if it is so cold, and so much air is moving past the engine, that it simply can't generate enough heat to ever reach operating temp. I can't believe that is possible with essentially no radiator though, which is what you have with a closed thermostat.
Reason it might help warmup times is because heat from the engine bay isn't radiated out the front. Still not moving coolant through the radiator. If you have a constantly on engine fan, then you are causing more problems too, which the radiator cover would band-aid.