yes and no!
Dunno about the TD5 (yet), but on my 300 Tdi, it does make a difference at highway speeds.
I took my fan off the D1 in early summer, and ran around town. Ambients around mid to high 20's, (note I have a digital coolant temp readout).
Tdi normally ran at about 80-83°C. In some instances with the fan now off, so no forced cooling through the rad, coming to rest at a set of lights, I noticed the coolant temp dropped down to 79, before it rose back to the low 80's again after a couple of mins!
So the next test had to be on the freeway out west, up a set of hills.
On the freeway run about 40-50ks, Tdi sat on the standard 80-83C, but then on the long climb up the hills(about 5mins or so) where my D1 struggles to hold about 90k/h, now with the engine loaded and no aircon, it did rise up to 88-90C, where I'm sure it maintained 83-ish.
So back down the hill run, fan back on and drive up again.
This time with the fan on tho, it did hold it's normal 80-83C again.
That was with the D1 front grille on tho, and that's the major factor in how hot/cold my D1 runs.
I'm currently running without the front grille fitted(but will soon refit). I've been trying to get to a store In know of that sells some nice looking mesh that I'm trying to convert my grille from the std D1 horizontal flats to a mesh type(ie. Saudi type grille).
I reckon my rad isn't flowing the best it can too tho. Doesn't overheat as such, but does run hot(can reach close to 120C) only with A/C on on a hot day when the engine is loaded up(ie. up a hill).
The removal of the front grille has sorted that, so I know that it doesn't.
So I thought temp variations in the coolant die to varying loads on the motor is a normal thing .. and I'd expect that it should too .. probably more so on a diesel.

