As I understand it,yes the boiling point of the product is higher than water,,but it will not make the engine run hotter!
When it gets to 88 the thermostat will open as normal,and there is less expansion due to the boiling point being higher.
Running an engine at anything more or less than manufactures spec isnt a good idea for economy or wear and tear anyway.
However,as Chris says it can be used to let an engine run hotter without boiling,if your application warrants it,but you will need to fit a higher temp thermostat!!
As we dont need to run high temps,only 82s-88w,theres no problem.
Also the rust inhibiting,ally protecting and freeze protection qualities are better than plain water/AF mix.
There are a few products on the market,and some are not good for ally engines or old engines in general,"With OAT",and can affect old rubber components,gaskets and solder joints.
Check the spec and claims of the product you are thinking of using!
I did use some red long life waterless stuff in the TR6 for a while,and it worked well,but when a hose split due to wear and tear"???",it made a HELL of a mess that I am still cleaning up 2 yrs later!
It was probably due to its unsuitability for classics and old style engine specs.
Personally,I use good old fashioned water and bluecol a/f in my classics!,and buy it by the gall when I can.
Have a read of these,and decide for yourself whats best!!
http://www.evanscoolant.co.uk/acatalog/Learn-More.html
and
http://www.v8register.net/FilesV8WN/Con ... 090310.pdf