I agree with Glenn about the band aid deal.
1. Proper jetting? - lean see reply to GMP
2. Proper fuel ratio? - 50:1 goinng to change
3. Air leak within the motor someplace? - nothing noticed on stripdown runs well so don't think so
4. Proper type of coolant? - some of that cool ice stuff - doesn't boil but maybe masks the problem of running hot....
5. Radiator luvers blocking air flow? - if you mean the plastic bits cleaned after every race and checked (normally removed from the bike)
6. Radiators core plugged w/ mud? - no generally well chanked and inspected though of course when racing it's not uncommon to get lots of mud/grass in and behind the louvers.
7. Head "o"ring gone bad? - no fine on stripdown
8. Water pump impeller? - checked about 1 year ago can check again but the thing that changed was the jetting.
9. Check hoses for reduced water flow. - suggestions how....
10. Check water flow through the radiators...could be plugged with something..never know... - could try maybe trying to run the garden hose through them...
11. Radiator cap? is it good? yup
12. Over flow catch tank? Is it working...Do you have one? yup
13. Get some heat strips for the jug...that way you can see what is going on. never seen these before where do you get them what's the name, one on the rad one on the may be useful though without a comparison to some-one else's temps the one on the jug is a bit worthless.
I tore up a radator several years back, when I ordered an new one from Smackover (Jim Cook) he stated that the GasGas radiators were the same size that used on KTM 400 4 strokes, and that they were larger than most 2 stroke radiators, cooling issue should not be a problem with a GasGas. Somehow I can agree with that.