All GM engines have come factory equipped with 195 degree T-stats since 1968....they started using them when they first began installing emission related stuff like PVC valves and smog pumps,exhaust manifold hot air stoves for the carb intake,etc--when they introduced the "CCS" (controlled combustion system) in 1968,they started using a 195 T-stat..
In newer vehicles with computers,if the water temp does not get high enough,the computer will be sluggish or may not even go into the "full loop" mode ,and performance and mileage will suffer,oil can sludge up and a myriad of other woes can arist from a too cold running engine,like carbon deposits building up...some engines now come with a 205 degree T-stat..I've always ran 195 T-stats even in my plow trucks that are prone to overheating with the fan clutch "unlocked",and haven't had any issues..and much better HEAT in winter!...water & antifreeze wont boil under 16 lbs of pressure till it hits 258 degrees,so I wouldn't worry any about seeing your temp gauge hit 210,I've had many V8's that ran a bit over 220 degrees and never boiled over or had any cooling system issues..to a degree,the hotter the engine runs,the more efficient it becomes..