While I do appreciate all this friendly advice and I will look further into it - the temps are fine. They are well below the Thermal Threshold and no I am not in any danger of tripping the temp alarms.
Do note that I use coretemp to measure my cpu and not Asus Probe or Speed fan which says that I get about 15 degrees cooler. I hope your measuring using coretemp as well (couldn't see it in your thread only asus probe)
Yeah this is my first build but rest assured I have already checked guru3d before (i prefer hard forum better) so you don't have to keep telling meto visit there just because it's my first build. I got it all covered, don't worry about it.
The only thing that will really blow me over is if your not using core temp to post your magic numbers and instead asus probe or speedfan.
Edit: I'd suggest reading this post at overclock.net
that I have been following since I got my CPU. I suggest you read up on it if you want to know more about the differences between the B3/G0 Q6600 or quad core in general since they are different beasts compared to your E6700 in OCing and temps. They also have other people there with Watercooling but different than mine (DangerDen etc) since you seem to think that I should be reaching 10* cooler I suggest you read those posts as well, and other than the magical ones with high end dual loop, triple radiator and 1200 l/h pumps you will see that my temps are normal.