It certainly does!
I changed my thermostat today, bled it all up and went for a drive. The difference was huge. No more horrible flat spots, the temperature now stay in the middle where it should be. Much much smoother power delivery everywhere.
Unfortunately while changing the stat the drain plug on the rad snapped. Lucky I had a spare rad from my old 3.6 so I chucked that in.
Can I get a new drain plug? I can just about get the old one out.
Anyway, point is this.....make sure your water temperature is correct!