I can attest to this.
My Patrol kept on getting hot on the highway, even with an aftermarket radiator. Fueling was set for safe EGT with minimum smoke, timing was spot-on, turbo and downpipe has heat insulation, etc.
The mod that eventually fixed this was to move the intercooler off the top of the engine so that it could breathe cold air. This made a huge difference, even though I resisted Michael's advice for a long time.
Michael also fitted an oil cooler at a later stage, but that did not further lower the coolant temperatures which now run at 75 C for normal use. I have to REALLY murder the Patrol to get it up to 100 C, and I need a very hot day, aircon on and a many kilometers of uphill to get it there.