Should I spend the $20 (-10$ regular price) on the Hyper 212+ though? I'm even questioning if there's any point in me doing light overclocking. Would the extra ~1Ghz make a difference in day to day usage if I'm not even pushing my CPU anywhere near the limit? I don't want to risk the life expectancy of my CPU just for minimal performance boost.
You can always pick up a h/s and thermal paste later down the road when you feel like o/c. Until then just run at stock speeds.