If any of you boys have a Granberry store or something like that near you, they have the ultimate fitting your looking for. I just got back from getting mine, I had brass before like everyone says, you cant crank it down tight enough without jacking the threads up. So, anyway the fitting is a -4 or 1/4 JIC to a 1/8 NPT($3.12) and its steel!
I then have a 45 degree 1/8-1/8 female elbow that is between my rail and my guage....oh yeah make sure you get a water guage cause the regular guages mess up from the vibration of the engine....you probably know this
Hope this helps!