I would be very interested to know the engine wear characteristics of coolant temperature vs oil temperature, but probably nobody out there knows for sure. Here is the coolant vs oil temp on a typical drive, you can see how the oil temperature really lags behind.
From the drive home today, dry-sump oil system:
Outside temp: 59 F
Startup:
Coolant temperature increased immediately, reaching 100 F within the first minute. Oil temperature remained at 66 F and showed no increase.
5 minutes:
This is how long it took for the oil temperature to budge, increasing to 68 F. Meanwhile the coolant reached 145 F.
10 minutes:
Coolant reached stable operating temperature of 196 F.
Oil was only 74 F.
15 minutes:
Oil temp 126 F.
20 minutes:
Oil temp 134 F.
25 minutes:
Oil temp 154 F.
30 minutes and pulling into garage:
Oil temp 167 F.
Questions remain:
-Is a fully warmed coolant taken to indicate a "fully warmed up" engine? Or is it rather a fully warmed oil? If one needs to wait until the engine oil is fully warmed before accelerating hard, then the only people who can do that are those who have greater than 45 minute commutes!
-At what point during the drive, has the engine warmed up enough to redline without undue wear? Past the 15 minute hump? Or must one wait forever, driving like a granny until almost on their own doorstep?
-What does this mean for short-trip commuters who can drive to work in 10 minutes or less?
Seems a lot of people just look at the dash temperature gauge, which is only reporting the coolant temperature, and then think it is ready to drive hard...
My coolant will spike above 200 F, but usually settles back to the 190's after I slow down. Engine oil does spike with hard throttle, and on a hot day and long drive I have seen it hit as high as 196 F, but on normal days it is 150-180 F.
With so much uncertainty, it is impossible to know whether to merge onto the freeway quickly or not, if it is just around the corner from your home or work...
But regardless I hope to have cleared up some of the theories in this thread.