While the 5C thing is probably a little overstated...just like ACII's effect is...it couldn't hurt. Lapping the heatsink not only slightly cleans off the connection, but it also gets rid of some of the "microscopic valleys" that the Arctic Silver is supposed to fill.
Anyway, the difference will probably be less noticable with ACII, but as I said before, it couldn't hurt.
Squibby