well the rear heatsink is attached to the pipe.... so no prob there... but the front heatsink clips on over the heatpipe... so its just metal on metal... which means it is suseptable to the same problems of a heatsink on a gpu/cpu... you can get an air gap which reduces heat conduction.
I only found out coz i was being curious about what i would have to do installation wise if i bought that aftermarket solution.. and it was in the instructions... it just seems mad that gigabyte themselves didnt put grease there.
I have since read this rule for cooling...
"When installing a cooling system (heatsink/fan/heatpipes etc) where ever there is metal on metal contact between seperate parts of the cooling system, a small layer of thermal compound/grease should be applied."
I think i will abide by it from now on as it seems to work!