Re: cpu temperatures
Use the Artic Silver, it will help out. Also make sure that the fan is mounted squarely and is running at its recommended speeds.
To remove the CRAPPY thermal compund, use a quTip and some rubbing alcohol (not too much) then once it its off, blow gently through your shirt onto the chip to dry the alcohol. Then apply a THIN layer on the artic silver and remount CAREFULLY and ACCURATELY the cooler and you should be good (provided the Coolermaster Turbo fan is running properly)