I think there are two aspects to operating temperature that should be considered. One is coolant temperature and the other is oil temperature. I would agree there is adequate capacity in the glycol based cooling system to handle any thermal loading, whether the engine is physically covered with insulating blankets or not. However, I would speculate the engine oil will operate at an elevated temperature with the addition of acoustical insulation blankets because they, of course, also serve as thermal insulation.
The problem with higher oil temps is the oil oxidation life decreases as oil temperature increases. For example, when the oil temp increases from 160 F to 180 F, the oxidation life is reduced about 50%. Oil oxidation leads to the accelerated formation of acids, varnish & sludge within the crankcase, as well as an increase in viscosity. (From Noria Corporation, a company specializing in machinery lubrication and oil analysis
www.noria.com)
So the question becomes, how tolerant is the Cummins Turbo Diesel of oil oxidation? Probably very tolerant.
But in order to expect no decrease in engine life, I think specific measures would be advisable:
-An engine oil temperature gauge to determine if there is any actual increase in oil temp.
-More frequent oil changes.
-A switch to synthetic engine oil because synthetics are more resistant to oxidation at higher temps than mineral oils.
I don't pretent to be an expert on lubrication issues but have learned a few interesting things on the subject over the last while and thought they may be of use to yourself and other TDR members. Everyone needs to make their own decision, and hopefully that decision is based on good and complete information.
For me, I decided to use noise barrier materials inside the cab to reduce engine sound levels about 40%, without the need for engine blankets. I. m quite happy with the result (so is the wife) and personally like the idea of keeping the engine oil as cool as possible. There's a thread called "interior noise reduction" out there that describes my specific modifications.
Good luck with your project!