Well, I would add more/better cooling and see how far you can get it with power strip. If you want to add more/better cooling, here are my recommendations.
This is a Orb-style rackmount HSF. Better and cheaper than the orb. It has bigger tin fins than a blue orb.
Socket cooler
This is a rackmount cooler, for a 1U. Notice the small fins. That is good, more surpace area. I would add a bigger fan.
Raqckmount copper cooler
I would epoxy that on the 8500, and some copper ram sinks. They will diosperse more heat, and you want to pencil trick it, and that means more voltage, more voltage means more heat. Yo-u will need to dremmel the HSF's to get them to fit due to the caps. I would also recommend that you lap the heatsinks and ramsnks, along with the chips since it seems you want to push it hard. If it is a OEM card, do not expect to push the ram hard unless it is the 3.6 hynix. Also, you will need to put the 8500 in the freezer to get the HSF off of it and a razor blade and goofoff. ATI uses a crappy hard glue on their products and be careful so you do not cut yourself.