Hey. I've delidded a couple of Ivy chips. So let's just lay down the need-to-know hard facts. And if you decide you want to continue then PM me.
1. Delidding your chip will 100% void your warranty. I have seen guys use too dull or thick of a blade, try to shuck their $300 CPU like an oyster, gouge the PCB or chip the die, thus destroying the chip, then glue the IHS back on and try to exchange the chip. This is called fraud, if you do this, in my opinion, you are an a-hole and lack a conscience. Own up to your own mistakes, that makes you a man with honor and integrity. (or woman)
2. Delidding is risky, but not difficult, if you have patience. Read as much as you can on the subject. I'm a member of a delidding crew that helps out many first-timers over on Overclock.net, that thread was linked previously.
3. Delidding is successful not entirely because Intel used cheap TIM. Their TIM is decent, it's not as efficient at transferring heat as solder, but it's not garbage either. The biggest improvement is getting rid of the massive amount of black adhesive they used. Once you get rid of all the adhesive, the IHS makes firm and direct contact with the die. In fact, once you remove the adhesive, the lips of the IHS no longer make contact with the PCB of the chip. And if the die were lubricated you could actually make the IHS spin like a top. Anyway, along with a TIM with a high thermal conductivity (the weapon of choice is a liquid metal TIM like Coolabs Pro, Ultra, or I think there is a Phobya Liquid Metal too) the average temperature drop is around 15C. In my case I saw a drop of 22C.
4. Not every chip is worth delidding. 98% of people that would buy a used chip DO NOT want to buy your delidded chip. This is what I recommend that if your 3570K can't run 4.5GHz stable with 1.25v or less, leave it alone. The goal of delidding is to remove the temperature aspect, you will then become voltage limited. There is no official max voltage according to Intel. I've chatted with a couple of reps and they either say
A. Any overclocking or overvolting is dangerous and should be avoided.
B. As long as your temps are under tjMax (105C) you're fine. (this isn't true btw, ask people with subzero cooling who have killed their chips)
C. Max safe voltage is the VID that your chip runs at stock settings
http://www.overclock.net/t/1313179/official-delidded-ivy-bridge-club/0_30
The conventional method is with a razor blade.
The new method, increasing in popularity involves a bench vise, hammer, and a wooden block. See below.
http://www.overclock.net/t/1376206/how-to-delid-your-ivy-bridge-cpu-with-out-a-razor-blade/0_30
One more thing, the application of the liquid metal is the most crucial part. Everyone uses too much their first time, maybe even first 2, 3, or 4 times. I did. Think about how much TIM you would need to cover a tiny application like the die of a CPU. Well divide that by say, 5, thats how much you should use. It needs to be painted on so thin that it makes a mirror like finish. But I'm getting ahead of myself here.