I think we may have found the culprit after all. But I'll answer your questions first.
The system was run through a machine a before the new t-stat was installed, and again afterwards. It was verified that the air was out of the system, and that there were no leaks. An inferred heat gun reading was done on all hoses, and it shows everything flowing like it should. The t-stat was opening fine, and nothing was clogged or blocked. The belt is also routed correctly, and all hoses are in the correct location.
Now onto my discoveries, and my errors. I notice the clutch had gone a few weeks ago, and brought this up on another couple forums. Members for both forums steered toward the pre 03 Disco's that used a two piece clutch/fan setup. This gave me an pre 03 clutch with a generic Dorman fan blade.
I reached out to Turner Engineering who we purchased the block from, and told them what I was going through. I told them about the clutch/fan setup that we're running, and gave them the part numbers. They came back, and pretty told me that was the issue. Stating that the clutch did not have the capacity that the Rover engine needed, and the the fan was not seated into the shroud correctly. After checking the fan I notice that it needed to be moved forward at least an inch to sit in the shroud. I went ahead and ordered the correct fan today that's designed for my 04.
Hopefully this is the issue, and hopefully the new fan will fix it.