Nothing wrong with 211, could even go 220+. Remember, under pressure boils a lot higher than 212. Every pound of the cap raises it by 2 degrees and the antifreeze mix raises it even higher, so are you are far away from that, and as the motor loosens up it will likely cool more.
Now for the exhaust. Is it possible to get it to run for a long while? Depending on the type of muffler, you could easily have the mufflers filled with fuel and not really having an issue.
However, I wouldn't do it on a guess, the way to tell that is to look at what the A/F mixture says. If it is reading a normal number, but stinks, then let it get hot. If it is reading rich, even after getting to operating temp, then you need to act.
ON EDIT: See below, I looked again and I don't think it is running rich. Seems to be what you set it at for idle
I am going to throw down a theory hear though. FAST said lower the real fuel pressure. If you decide that the mixture is too rich, you may want to consider raising the COMPUTER fuel pressure
My logic behind this is.
1 - Lowering the real fuel pressure will work until the injector starts having a crappy spray pattern, you don't want that
2 - By raising what the computer thinks you have it set at, it will shorten pulse width (injector duration) because it thinks there is more going into the injector. That should lean it while allowing you to keep REAL pressure high enough
3 - Don't adjust anything until you know what the current O2 sensor readings are, your nose is a guess that O2 sensor knows.
ON EDIT: I am on a laptop, but it looks like its running at 13.7:1 ish, that's pretty close to what you had the idle a/f set at no? If so, it may just need some run time
4 - Again, remember if you have a fiberglass packed muffler, it could take a while to clean up and it would require heat too. If its not packed, it still needs some heat, but likely not as long