Originally Posted by Hefemeister
Never heard of that cooler but it looks ok and anything is better than a stock hsf.
The newer Phenom heatsinks are pretty beefy. I ran mine to 3.6g with no real problems. Had similar temps to the OP, but yeah, an aftermarket cooler would be better.
Is AMD Cool & Quiet enabled in your BIOS? If you're not much into OCing, there's nothing wrong with having it on. Also, be sure the CPU fan is plugged into the appropriate socket on the board.
As far as the paste, I just use my finger and put just enough on to color the top of the CPU, but I rub it in really good and leave a VERY thin film. -If it oozes out of the side of the heatsink, it's too much.
Make sure the heat pipes on the heatsink aren't touching each other as they leave the CPU contact area.
What case are you using?
Unless the heatsink contact area is seriously warped, you may benefit from a newer unit.