Cabbs,
Check out these interior shots of the case. Don't look like it's gonna fit.
http://www.xoxide.com/lianli-v350b-microatx-minitower-blackcase.html
Figure with the standoffs adding another 3/8 of an inch plus the height of the heatsink with a fan parked on top of it, you're going to be right at the bottom of the PSU. And if the PSU has a bottom fan it's going to be disrupting the air flow to the heatsink.
And the heatsink has to be inside the dimensions of the motherboard.
Check out these interior shots of the case. Don't look like it's gonna fit.
http://www.xoxide.com/lianli-v350b-microatx-minitower-blackcase.html
Figure with the standoffs adding another 3/8 of an inch plus the height of the heatsink with a fan parked on top of it, you're going to be right at the bottom of the PSU. And if the PSU has a bottom fan it's going to be disrupting the air flow to the heatsink.
And the heatsink has to be inside the dimensions of the motherboard.