Mtgrizzlymn: Sorry lack the free time to pull everything and piece it back together to find out what was the main fix, but I suspect the thermostat removal and waterpump had the biggest impact, and removing the shroud and radiator to get to the fan, well, the water pump was right there, and the garage floor was ruined anyway so I pulled the thermostat. Replacing everything at once was not as scientific as others may have wanted, but honestly I have about 22K into a bronco I could probably not sell for 12K right now, and just wanted it running and driveable as soon as possible for my wife.
BluBuckaroo, thank you for saying that even if reverse rotation the liquid flows the same direction. That piece I did not know. I assumed the veins inside either pushed one way or the other, and if you reverse rotated it probably wouldn't have flowed as high as the other, but honestly without a flowmeter of sorts - hydrometer? - I would not have been able to measure the volume. My water pump appeared to flow just fine based on the non-scientific test I did in my utility sink, but I did not compare clockwise to counter clockwise - I only mimicked the direction of the correct rotation, and it appeared to flow fine.
Honestly, if I were to do it again, I would have started with pulling the thermostat out of the housing first, then the upgrade of the fan, then the water pump last. Instead, the order I went was radiator, timing, carburetor jetting/tuning, plugs/cap/rotor, thermostat, system pressure test, water pump, thermostat again, hydrocarbon test, fuel filter/sender, head gaskets, valve job/top end rebuild, hydrocarbon test again, timing again, and as a last resort the water pump/thermostat removal/fan upgrade.
I'm upset just typing this, frankly, and have no idea if I put a thermostat back in if I will see the same problems again. In essence, I have kicked the proverbial can down the road until it gets cold in late October when I will put a thermostat in and report back results.