I've used a lot of different types of coolers over the years with my adapters, but my current favorite cooler is a very light, slim 12 row cooler. I have some here at the moment, they have cast in 3/8" barb type fittings, are only about 3/4 of an inch thick, by 11 inches wide, by 4.5 inches high. Thats a surface area of 49.5 inches, and great for tourers, commuters, or canyon racers.
I know some people here aren't convinced that a cooler is necessary, but that might be due to the low mileages done by some riders in some parts of the world, due to their milder climates. Here in Oz where it's pretty much 24/7 riding temps, (and where gas is so bloody expensive) our bikes get a real work out, and coolers are an essential accessory, just like good tires and good shocks should be.
I've also acquired a couple of old parts bikes that are absolutely buggered internally, due to high temp riding, and poor attention to oil change intervals, and I know that regular maintenance and a cooler could have saved them. If you're ever looking to buy another old GS, dump the oil out, and if it's black, send it back!
These coolers only just fit above the tach cable, but that's up nice and high, up away from the headers, (I recently saw a bike on which the owner had mounted a bracket for the cooler on the headers, and I just thought, "duh"!) up in the cool air, not blocking the flow to the cylinder head like some coolers do. (no one wants hot air off the cooler flowing over their head)
Being 3/8" and not 5/16" or smaller tubing like the old Lockhart and Derale coolers were, not to mention their much larger surface area, their physical size makes them super efficient, and when I had a gauge on my bike with an earlier adapter, even when I had 1073cc Yoshimura pistons and "road and track" cams, I never saw the VDO gauge climb much above 200 degrees.
I didn't run a thermostat then, but when I finish hot rodding my original GS1000S engine, I'll be installing a thermostat, and I might follow Macca's advice, and make my own using car parts.
Here's a pic of one my coolers, sorry about the quality, I can't find my digital camera, but at only 3/4 of an inch thick, it was easy to just scan it, ha ha! Cheers, Terry.