New IQ panel - what else to replace?

Looks like you are using 319.5MHz sensors. If buying an IQ Panel 5, those can be reused so long as you include the IQ Card 319.5MHz QC0001-840 in the purchase. The IQ Panel 5 also works with PowerG sensors.

Z-Wave devices that are working on your IQ Panel 2 should work on the IQ Panel 5 without issue.

You can use the Alarm.com smart thermostats but you are not limited to those. The Honeywell T6 Z-Wave thermostat can be used as well.

A quick comparison of the latest ADC thermostats and the T6 can be found here:

Qolsys has a list of tstats that should work with the system listed here too..