I don't have inside information so I dont know how exactly the temp is obtained. Unless you do (have inside information) I think its a little contradictive to say something is 100% made up without anything to support your statement. All I can tell you is I have had a real oil temp gauge on other trucks - my previous one actually- and after watching how it reacted relative to ECT for years this truck matches what I have seen pretty closely. I haven't claimed there was ever a sensor. I haven't made any claims of it being 100% accurate. just saying it seems pretty close from what I have seen. My Scan Gauge reads this, along with the ECT, below the threshold of what is being shown on the EVIC down to just a few degrees above ambient temp so I'm fairly confident it is there for more than just some "made up" foo foo number to make you feel good. You trust engineers to build the truck but don't trust them to provide a temp reading for observation. Kinda strange.
Would I put stock in any one electronic reading, sensor or no, of course not. I dont run my fuel tank down much below 1/4 tank either, and never below 1/8 because I don't trust it enough to run it on the countdown to walking distance.