GA: Hot & Cold spark plugs have to do with how hot the electrode on the plug runs. It doesn't particularly have anything to do with how hot the engine coolant is. If you chose a plug that is too cold, it will tend to gas foul and the engine will be hard to start. If you have a spark plug that is too hot, it will tend to burn the electrode away fast. If we are talking about Yamaha 2 stroke motorcycles a hot plug could burn a hole in the top of the piston.
Well that isn't a problem with L-Head engines because the spark plug is located over the valves, not the piston.
But basically, if you don't drive the car often, you want a hot plug because it will be easier to start. If you drive the car a lot, then you want a colder plug.