Or about $35 at Harbor Freight!
I've found them to be more confusing than helpful, as the "spot" temperature can vary wildly all over the engine. You have to measure right at the temp sensor in order to make any comparisons.
As for your operating temps, I'm a gasoline / A4 guy and don't know much about diesels; but ...
In raw-water cooled A4s, they try to run them at 140 to 160. This is because above 160 salt begins to precipitate out and accumulates on the inner surfaces of the coolong system. But you give up a little efficiency running at that low temp.
In fresh-water cooled A4s, the target temp is 180. The engine burns clean & happy at that temp.
I would guess that similar principles hold for diesels, and anywhere between 160 and 180 is good.