Guys-

Should I be running a water thermostat on my whipplecharged 502?

I have a problem with water contamination in my oil every 3-4 trips out and I think it may be due to condensation. Either that, or I have a leak.
My water temp rarely gets above 100 degrees. I installed a new cooler and 200 degree oil thermostat which seems to hold the oil temp right at 200. I guess I would say that it works a little too well since 220 would be better.

Any advice???

Not sure on the 502 but my 500efi just has a water restrictor,water run 115-135 depending on outside temps,also had a oil threm and it doesent have condesation.You should be getting hot enough on the oil temp to not has a condesation..

Water leak maybe???

I think you are the right path by getting the oil temp to 212+. KEPP sells an thermostat that is between 215-220 degrees. Try one on one engine and see if this fixes the water in the oil issue.