Lawson, if there are air bubbles in the tube, you have to get them out. Test to see if there are bubbles by this method:
Remove the unit, glass tube high, sender low, with no loops in the line between. Boil the sender in water, and observe where the red liquid is on the glass bulb. Look closely at the glass bulb and you will see an etched line across the glass which indicates the factory calibration of 212º F. This location is where the red liquid should be.
If the liquid is above that etched line, you have bubbles. Dump it in ice water, back in boiling water, back and forth, hot and cold. Your dry ice may help in this method, I don't know.
Another way to skin the cat is to sqeeze the bubbles out with 10 G's force. Swing the unit around your head at full length of the tube, the sender bulb at the far end. Take caution that you do not stress the copper tube during this operation. This is the method that works for most guys.
After you get the bubbles out, take care that the glass tube never gets lower than the brass bulb again. That's how the bubbles got there in the first place.
Install the unit, and calibrate the etch mark with the 212º mark on the dash indicator. You'll then have the most accurate temperature gage ever devised. Another of Ford's better ideas.