Honestly, as an owner of the same CPU in a similar system, I would say most definitely. Do not be fooled, the 5960X is a very fast and efficient CPU, but it's also deceptively hot because it's actually so much smaller than the 3930k I upgraded from and thus the heat is much more concentrated. And even the 3930k was very heat sensitive.
I RMA'd my 3930k due to heat damage while it was running on air and talked to Intel directly about it, so I will talk more about that than the 5930k I have now.
If you actually look at the specification of the CPU, which nobody ever seems to do these days, it's only rated for 66 degrees max (virtually the same as the 3930k). According to Intel, that's because the CPU is so far from the heat spreader and (CPU) case temp sensors that when the sensor reads 66, the cores are significantly higher in places. I RMA'd my 3930k due to heat-induced failure and it never did over 75C but it must have been a lot more because that managed to burn out TSC circuits in the chip and it's self reporting features refused to boot any OS.
That was on a Arctic Freezer i30 at stock clocks. It's actually damn near impossible to keep the 3930k under 62C (it's max is a little lower than the 5960X) under load without a very noisy system, and I'd actually alt-tab from gaming sometimes to let the CPU cool, so add two cores, make all of them smaller (so the heat is more densely packed) and your problems only increase, even with lower power draw.
I bought a closed loop water-cooler. I suggest you do the same. (H80 FYI) Never tried to overclock beforehand, but after I can run the 3930k @ 4.3 @ 63C under load, and low 50s stock under load. It's my only Closed loop, so I expect the same from others, but it's built very solid and I highly doubt it will ever leak. I would recommend not building your own for that very reason.
I used the same cooler on my 5930k, and it maxes 56C. I'm don't really see a point in oc atm so I haven't tried. My baby is still new lol. I will comment that you might wanna consider ECC RAM and a Xeon if you're doing something like Programming. I've ran into guys that had single bit errors while compiling that caused their software to be released with a bug that took them an incredibly long time to figure out and fix.
I like the closed loop liquid cooling units that are for the cpu only. They don't fit in all cases, but they do keep the case quite cool. Compared to other aftermarket fans, it only costs 1.5 - 2x as much. (start around $99 US or so) – ps2goat – 2015-05-13T22:26:21.420
They don't even run that much, newegg has decent ones around $60, they'll come on sale for $45 about once a year. – Perkins – 2015-05-13T23:29:51.200
Liquid cooling can also help reduce noise. In general, to increase the cooling capacity in air cooling you need to throw more fans at it (more noise), where as in liquid cooling you can throw more radiators at it without necessarily needing fans (you can easily get away with completely turning off the fans under low load). – None – 2015-05-14T00:18:49.000
liquid cooling systems tend to result in increased board temperatures due to the remote fan location, making the system less reliable in the long term in the case of HEDT platforms. If using liquid cooling, make sure a large fan is cooling the board as well – Richie Frame – 2015-05-14T12:42:40.130
The answer to this is 100% dependent on how much you are planning to overclock your processor. – Kik – 2015-05-14T14:32:40.397
@RichieFrame By that you mean large case fans? – Qudit – 2015-05-14T14:53:05.890
@Qudit no, large case fans not blowing air in the right direction will not help, they need to be blowing air directly against the motherboard, I have a HAF-X case and it required a 2nd directed fan because the 200mm side fan did not provide enough cooling above the top PCIe slot, and the front fans provided almost no cooling – Richie Frame – 2015-05-14T19:08:17.160
Just so it is not overlooked, I want confirm the opinion of user1901982 and @MonkeyZeus regarding the use of ECC memory. The more RAM you have (and the more you USE it, so your 1-week pattern is pathological), the more likely is the occurence of bitflips. If you do compute-heavy things, this might or might not skew your results or crash the machine. It's not going to be often, but still... Of course, that would require a different processor (Xeon & the likes). See www.cs.toronto.edu/~bianca/papers/sigmetrics09.pdf & http://www.zdnet.com/article/dram-error-rates-nightmare-on-dimm-street
– Slizzered – 2015-05-16T10:34:49.357