Ronmar,
Good Idea on the IR thermometer, I've seen one of those in action, amazing how quick and easy they are. one concern, it'll only read surface temp, not sure if that's a big deal but as I understand it, in a diesel, you can have a fair amount of variation in temp when comparing the internal and the external temps.
I've always liked the suggestion on the Utterpower cd, the barbeque remote meat thermometer. Just strap the sensor to the outlet line and you can carry the remote around with you while your engine is in operation, you can set the temp for it to go off and get a warning if it starts to overheat. For around $30 bucks, I'm planning on getting one for myself! Hell of allot cheaper than an auto shutdown system and you get some peace of mind.
Murph'