The purpose of the radiator-cap mounted MotoMeter, in today's modern world, is to introduce a 'novel' introduction to the 'qutesiness' of our 'old car'. It has very little to do with keeping us appraised of the temperture of our cooling system. However, it does work equally as well as another indicator - steam shooting out of the radiator cap.
The radiator cap-mounted MotoMeter, is a very nice 'dress up' item, much like the also minimumly useful, but 'pretty', running board Step Plates and whitewall tires. They are primarily for the self-gratification of the owner, and have very little useful function.
Self-gratification is a very important part of owning a Ford Model A. I have both Step Plates AND MotoMeter on my '31 Dlx Coupe, as well as WhteWall tires. But I know that they are primarily for ME, and really have no solid functioning value.
I expect to hear howls of protest by some, on how their running boards would be worn out by now, if it had not been from the very useful Step-Plate. And I also expect to hear a number of 'testimonials' of how the MotoMeter saved their lives by alerting the driver to a car about to experience a steam explosion. But I stand by my assertion that a number of 'adornments' are put on our cars because we 'want to', not because we 'need to'.