It doesn't seem rational to make spending choices between one cooling priority and another.
My dentist dumped a Freezer 64 on me that he decided not to use -- asking for a few bucks. I took it off his hands, but have no use for it.
It's too heavy, too bulky. For CPU cooling, go to overclockers.com for Citarella's database of heatsink performance results and thermal resistances. I'd pick a ThermalRight CPU cooler over the Freezer any day.
On the matter of the 7600GT graphics card. There is a PCI-E version and an AGP version. I have the AGP version, and was hoping to install a heatpipe cooler on it. The Zalman cooler you mentiion is not a heatpipe cooler, but it at least fits that card.
For the AGP version, I can guarantee that the Sytrin KuFormula VF-1 cooler fits the card if the two mounting holes are 78mm apart, and could probably be made to fit cards with shorter distances between the holes. However, with my 7600GT, the Sytrin sits at an angle unintended by the manufacturer, making it difficult to deploy a fan. Even so, as a passive cooler with the card running at full load, the peak temperature stays below 60C.
The ThermalRight V-1 Ultra will fit the 7600GT. But on my LeadTek AGP version, you must remove the high-speed-interconnect aluminum heatsink, bend two of the fins 1/4" from the side of the sink in opposite directions, or trim those fins of about 1/4" square pieces of metal. This -- so you can fit the TR V-1 mounting bracket. After that, home free.