This thermostat cost $125 12 years ago. It uses a thermistor not a mercury switch. It has a cut-out timer in it such that if the signal to the a/c unit is lost for any reason there is a 4 minute delay before it will call for cooling again. Also, there is a similar, redundant, cut-out timer in the condenser unit that won't let the compressor start again after a power dropout for about 3 minutes. I never see this one in action because the delay in the thermostat is longer.
This lead is the Term-Loc lead that was installed about 6 weeks ago. They only burn back about 3-4 inches from the compressor terminals. I cut this off when I redo them.
No.
Thanks for the warning.
-- Ken