Anax:
Good lord man, you have to admit that "reduced throttle"="quicker cool down time" is a simple, intuitive, no-brainer relationship that anyone can easily get. It is nothing like having to fool with mixture, supercharger settings, cowl-flaps, etc.
But let me tell you guys something about absolute fidelity in engine modeling. It would have unrealistic results. With absolute realistic engine controls and failure modeling I could and would run an R-2800 for example as high as it would go for most of typical 30 minute sortie, land the engine I just wore slap out, and get to take off with a "new" airplane with a "new" engine to do it again next sortie.