If it doesn't open you would overheat. I have seen plenty of brand new t-stats not work, but usually the simple design is fool-proof. Bi-metalic coil that expands and contracts at different temperatures which cause the t-stat to open and close. My personal advise is: The very newest original TJ cooling system is 13 years old. Age alone makes it advisable to change all the bits in your system. Water pump, belts, hoses, idler pulley, tensioner, fan clutch, sending unit, T-stat and even the radiator. While some may say do not replace functioning parts, age puts them at risk and they rarely fail in your garage. Freshen it up and forget about it for 5 years. You can always make more money, but it is hard to reverse the damage or annoyance of a component failure.