I just added some Arctic Silver to my chip. I had to get that pink sticky crap off the chip and the HS/fan. I used my girlfriend's nailpolish remover. All that pink junk came right off. Everything is now nice and clean. I don't know if this was a smart thing to do but I put the chip in and it still works just fine.
If you used a pencil to connect the L1 bridges, be careful not to remove these by accident.