So there is a closed loop enable temperature like I recalled, but the default temperature is pretty much irrelevant. -40°. I suppose for the purpose I used it before, forcing open loop, is probably the only time it'd be of any use.
On the '04 stock tune I have pulled (97-04 JTEC+) there's a 176 second delay. On the '05 stock tune (05-06 NGC) The time delay is based on startup coolant temp, with an additional provision for ECT Rear o2 sensor specifically, which is interesting. No idea what that's about. I'm not a tuner. There are also warmup enrichment tables.
Anyway, just to echo what others have said, there's something wrong with your cooling system if you're overheating, and a lower thermostat does nothing for you.
04
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05
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I believe the HPTuner software, VCM Suite, is free to download. And tunes can be downloaded off the repository on their website once you have an account. Anybody can look at this stuff. You just need to pay to actually use the software to write to pcm