Does it have underdrive pulleys? If so swap back to stock. I would also put the shroud back in, that does a lot of good to cool it down. Maybe check and make sure the stat is in right (though if it were backward you would have obvious signs)...
A rag in the coolant passages would certainly be a problem, but you'd have to be in heck of a hurry slapping it together to overlook a rag in there.
A rag in the coolant passages would certainly be a problem, but you'd have to be in heck of a hurry slapping it together to overlook a rag in there.