Unless you have some odd-ball combo the 160 stat will do more harm than good. The lower cylinder temps will increase bore wear, engine oil will not get up to temp (should be 200-220F or higher depending on the source), and power and economy will most likely suffer due to poor combustion. With lower coolant temps the computer will constantly feel it is in cold start mode, which yields a richer mixture.
For a quick fix try a 180F stat.
However, as SGARLIC said, you will need to provide more info.