the 965 chipset had some limitations with fsb and strap selection.(the short of it was that the higher you pushed the fsb the hotter the mch/NB had to work to sustain the latency) The p35 does a little better.
The question of m/b with built-in heat pipes being worth it depends on the pipe and the way it is fastened. Most are designed to use down-blowing cpu H/S fans to cool the pipe. If you use a tower H/S the pipes aren't as effective. If it's one of the pipes that cool the pwm+nb+sb, the problem is that most m/b makers don't get enough good contact between the pipe bases and the chips because they use the plastic plungers to secure it.(tension isn't as good as screws and nuts.)
Since most heat pipes come on the premium boards, you have to ask yourself if it's worth the extra money for the heatpipe and the additional m/b features vs getting a mid-range board and putting a chipset cooler(like the TR HR-05) on it yourself.