The goal is to assure the boiler does not run in condensing conditions for extended periods. The valve assures the boiler warms to the temperature you mentioned, above the dewpoint of the flue gas, to prevent creasote build up.
With solid fueled devices that number is a bit of a moving target as it depends on the moisture content of the fuel, and the fuel air mix adjusted at the combustion chamber.
Remember also those valves have an operating differential. Typically a 140F valve has an 18° add. so the temperature at the valve would need to be 158F to close the bypass 100%.
I suspect that manufacturer wants a little "wiggle" room opting on the high side, to protect the boiler. that valve will bypass a small amount up to 158F
Page 24 of this journal explains the science of flue gas condensation and has a dewpoint chart based on the air/ fuel ratio.
http://www.caleffi.us/en_US/caleffi/Details/Magazines/pdf/idronics_10_us.pdf