Paragraph 1 — no problem. Good in fact. Search on Air Box Thermostat. You don't need hot air to the air box anyhow. And when thermostart fails it defaults to hot air all the time, which is not good for the Air Mass Meter (AMM).
Paragraph 2 — true. And may be affecting your HC and CO%, which aren't extremely excessive however, in my opinion.
Paragraph 3 — sounds like running on the cool side, which is generally not a good thing for fuel efficiency or emissions. Aside from a possibly bad thermostat, try a new post on this for more ideas.
But your really gross offender is the NOx at almost twice the limit. What follows is my "canned reply" to high NOx on certain 240s...
NOx and Volvo/Chrysler Ignition
You have the Volvo/Chrysler ignition used on 240s from mid '81 thru 1988. It's been found that the V/C Ignition can contribute to High NOx, and that plugging the vacuum line to the ICU can reduce NOx levels, with little or no effect on normal operation. Note that this is NOT a guaranteed fix, but worth a try if your other numbers (and cat) are good.
This might work for you as it has for several others, depending on the condition of the cat [and that cool running, KREG]. This is not my personal theory -- I just happened to find it on a 'net search in 2004. For the technical description, see my original post here, and the resulting success story here.
Other positive responses are posted in this thread and this one,
and one more here.
Yet another one .
And another on 2/04/06.
Here's the latest, from 3/12/07.
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Bruce Young '93 940-NA (current), 240s (one V8), 140s, 122s, since '63.
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