I have sketched the existing system on the left, and what I think it ought to be like on the right. I have neglected to include things like overflows and the throttle body heater for clarity. The colours indicate flow direction.

I was never really keen on the TVR implementation of the cooling system since it didn't have a proper thermostat bypass - it relied on the heater which had a stop valve in it (until I redesigned the heater to not have the valve...) and it's always seemed like the header tank would be better on the other side of the radiator.
So I took some inspiration from the Thor P38 cooling design. If I drop the existing thermostat and use the remote stat from a P38 and add some bypass pipes then I end up with something like the drawing on the right.
Is it worth making the changes to make a more robust system? And is the original design as bad as I think it might be? The changes aren't much effort to make.
Thanks for any insight.