Well, I suppose I could be wrong, but it would seem to me that a 195 thermo would regulate the engine block temp at 195, and a 180 would keep it at 180.
I know that there is much more dynamic heat exchange going on between the engine and the coolant and the radiator and the air, but logic would suggest that running a cooler T-stat should reduce average operating temps if the rest of the cooling system has the capacity to discharge the extra heat associated with lowering the running temp.