...You Don't have to drain anything!! If You can MOVE FAST!! The Way I Do It! First Lay Down a Couple of Rags underneath the Port(In The Block). Have the New Sender ready AT HAND, unscrew the Old Piece, BUT Hold it in the Port Opening, Bring up the New Piece Right Beside it, Now QUICKLY exchange Places and Start Screwing in the New Sender!! DO NOT HESITATE!! You Might Loose 1/4 Cup of coolant! All caught by the Rags!
It has been recommended NOT to use a Sealer OR Teflon Tape on the Threads, to Maintain a Proper Grounding! But, I Use the T. Tape anyway and have had No Problems.
Before Beginning!! Bleed-Off any Pressure from the System, at the Pressure Tank Cap! And BE SURE to Put the CAP BACK ON Tight, This will keep Coolant from Rushing out Fast!
Don't Make things Overly Complicated!!...