I had to face the same dilemma before and finally decided to go with the water pressure gauge. Just make sure you get a gauge with no more than 30 psi scale so you can readily see the pressure. The temp gauge is OK except it doesn't do any good until casualty (overheating) is already happening while the water pressure gauge will tells you before hand if your impeller or cooling system is suffering blockage or weakened impeller due to reduced pressure. Of course, assuming you regularly monitor your pressure.