That plug in t-stat housing could be for a sensor you don't have. It's after the t-stat so really shouldn't be the spot to let air out but if you want to try, go for it. If you take radiator cap off it should be full to spilling if it's been a while since filled properly. If there's still room to add coolant there fill it up as it should purge out to recovery tank and only be able to draw liquid back in - self bleeding in time.
What engine is in this? I have a 5.7 myself and it's not fussy about an air lock. Do check the cap and level again. The cap should maintain pressure when warmed and you can feel that in upper hose right there. When it cools the little dime flapper under cap opens and allows fluid back in. I'm guilty as all hell for not replacing caps as much as I should and they do cause problems. I clean them all the time though and use silicone grease on the rubber parts (two) so they stay working a long time.
This could be the trouble and shame on me for not thinking of it!!!!
T
Tom Greenleaf - MetroWest Boston - USA
_________________________________________
http://www.autoacsystems.com/tomgreenleaf/