Welcome to the life of an OC addict....soon you'll wake up at 2am suddenly realizing that your failed new mega-OC may be stabilized by just that one more BIOS tweak....and then you get up to try it. Might get you some weird looks from your significant other, though.
97c is horrible. I've never had a CPU run that high on temps - Heck, I never had a GPU hit that high (Unless the VRMs count...). If your heatsink is properly seated and is clean then you need a new cooler if you want to OC it. The Scythe Mugen 2 is a great cooler and fit any socket out there in its newest revision (The slightly older one fits anything except LGA1156). Cools my 975 (And my 920 before that) pretty well, too.
I still remember me first dabbling in OC. It was on my Q6600 back in 2007. I was building my own computers for years and years before that (Since the mid-90s), but I only tried to OC after I got out of the army and bought myself a Q6600 based rig right after the massive price drop Intel did on the Core 2 Quads. It did 3Ghz on my P5N32-E SLI (680i chipset, ugh), but I could never get the FSB any higher than 333Mhz - It would immediately go splat.
I bought an MSI P45 eventually, pushed 1.4v to the chip at 3.33Ghz and the board went up in flames - literally. I had an open flame in the computer case, which was kinda neat... By then I was seriously hooked, though, so I sold the Q6600 based system (Only thing that died when the system went up in flames was the motherboard itself), bought a DFI P45 and an E5200 and OC'ed it to 4Ghz, then bought a Q9650, then went to i7 with a 920, then got it replaced with the 975 a few months ago. Now I am switching to watercooling !
This is a slippery slope you're headed for my friend - The life of a hardware junkie !