You definitively do not need a 160 degree thermostat. A 180-205 degree thermostat will work fine. Dropping your fan temps isn’t needed either. The idea with the fan temps is to have those settings be active only when the thermostat is open.
I’m concerned that you have air in the system. If you do, repeat if you do, then it will overheat until it’s out - and the thermostat and fan settings won’t be able to help an issue that’s created by air in the system.
Drilling holes in the thermostat will definitely help speed up the bleeding process. It doesn’t help cold weather operation, but I’ll guess your Florida address won’t care lol. Yup 109%. We don’t do cold down here. Maybe a couple “cool” days.