Madcowz, I would do a little research on how much heat(watts) your PIII produces then assume that if you're OCing it it will produce quite a bit more. I don't mean to throw water on your parade but a 50watt peltier might be a tad on the small side. I think most of the peltier cooling kits out there use 70watt or higher peltiers for PIII's. And for your second question no, you would not have a -30 degree cpu. The delta T rating of peltiers are usualy measured under no load on the cold side and max sink on the hot side. The delta T rating is usualy the Max no-load delta T that pelt can achieve. The delta T with load, especialy near max load will be considerably less, much, much less. If you are going to go with pelt cooling I would suggest just buying a proven solid kit. Issues of condensation are a pain to deal with on your own. The possibility of expensive mistakes makes just buying a proven/tested kit a bargain. Good luck on your cooling adventures.