The rest of the story: When the 'stat is closed, the water returns to the water pump through the second tube. Then it returns to the powerhead again. This continues till it is warm enough to open the 'stat. When open, water is discharged and replaced with cold lake water. This is not an either-or situation. The 'stat is constantly monitoring the temp and opening or closing as necessary to maintain proper temp. In cold water and idle speed, it may never get warm enough to open the 'stat.
This is exactly how the cooling system works in a car, except the car uses a radiator instead of a lake to supply cool water. And of course it doesn't spew any water out along the road (hopefully).
This is exactly how the cooling system works in a car, except the car uses a radiator instead of a lake to supply cool water. And of course it doesn't spew any water out along the road (hopefully).