Here is an update. I just received an Alpha 6035 that I ordered Friday from 2Cooltek. On a KT7/800 T-Bird system I just built, the stock HSF Idled at 55-60 Cel. I checked it a few times to make sure that it was installed properly, which it was. The heatsink it's self was pretty warm to the touch. That was at the default 800MHz. It would run at 850MHz, but I backed it down due to the temperature. It would not POST above 850.
In comes the Alpha, with a Delta "black label" I had around. With Arctic Silver applied, it reached a max of 32 Cel. at idle. I proceeded to boot almost into Win98SE at 1000MHz, then backed it down to 950 1.85V. (maximum voltage of my KT7) and it is happily running 3DMark2000 benchmarks as I type this. The Alpha is cool to the touch even after 10 loops so far. I will continue to test it through the day, but in my book the Alpha made one hell of a difference teamed with the Arctic Silver and Delta fan. I will attempt to boost the FSB later to "get the Gig" I am pretty sure it will. Even if not, 950 is not bad running as cool and stable as it is.
EDIT: The T-Bird topped out at 982MHz. It will boot Windows at a Gig and run, but will not complete benchmarks or run UT for long.
Temperature never above 40 Cel. even after 400 frags in UT. I already transfered the setup into my primary box for keeps.

The Sandra memory benchmark is an incredible 531/609 at CAS2 Turbo.