SpeedFan is a freeware program that monitors voltages, fan speeds and temperatures in computers with hardware monitor chips. SpeedFan can even access S.M.A.R.T. info for those hard disks that support this feature and show hard disk temperatures too, if supported. SpeedFan supports SCSI disks too. SpeedFan can even change the FSB
on some hardware (but this should be considered a bonus feature). At the lowest level, SpeedFan is an hardware monitor software that can access digital temperature sensors, but its main feature is that it can change fan speeds (depending on the capabilities of your sensor chip and your hardware) according to the temperatures inside your pc, thus reducing noise. Several sensors, like Winbond's and the AS99127F support fan speed changing, as well as others from Maxim, Myson, Analog Devices, National Semiconductor and ITE, but the hardware manufacturer must have connected the relevant pins to some additional, yet trivial, circuitry. This means that if you have, say, a Winbond W83782D on a BP6 then you're ok, but not every motherboard with such an hardware monitor chip will be able to change fan speeds. From one of the very first hardware monitor chips that could be found in standard PCs, the National Semiconductor LM75 (and all of its clones, like the Philips NE1617 and the Philips NE1618 or the Maxim MAX1617) or the Analog Devices ADM1021, such chips have been greatly improved, both in their precision and in their capabilities. Current chips can monitor fan speeds, voltages and change fan speeds bu using PWMs (Pulse Width Modulation). Some chips can even be programmed to vary fan speeds without any additional software intervention. If your BIOS was programmed to setup such chips this way you can still try to use SpeedFan's Advanced Configuration to revert to manual (software controlled) mode. Winbond W83697HF, Analog Devices ADT7463, SMSC EMC6D102, ITE IT8712F, National LM85C and Maxim MAX6650 are very good candidates. Some SuperIO chips include temperature sensors too. SpeedFan can automatically detect them and use their features. SpeedFan can find almost any hardware monitor chip connected to the 2-wire SMBus (System Management Bus, a subset of the I2C BUS) Serial Interface and to the ISA BUS and works fine with Windows 9x, ME, NT, 2000, 2003 and Windows XP. It works with Windows 64 bit too. It can be minimized to the tray and is compatible with Motherboard Monitor 5.
SpeedFan monitors temperatures, through available hardware monitor chips which expose their temperature sensors connected to different places inside your computer, and, according to your setup, does its best to keep them at your desired value. You can even change a fan speed according to the temperature of your hard disk. When choosing parameters for the minimum and maximum fan speed, try to set them by hand (disable all the VARIATE FANs checkboxes) and listen to the noise. When you hear no noise from the fan then you can set that value as the minimum fan speed for that fan. I suggest to use 100 as the maximum value, unless you hear so much noise from it. In such a case, you might reduce the maximum speed to 95 or 90. Obviously, nothing says that you can't set 60 as your maximum value and, sometimes, I myself set it that way. Consider that when the WARNING temperature is reached, the program sets the fan speed to 100, whichever maximum speed you set. One last word should be spent over the USE FAN x listbox. In my pc, when a fan runs faster, more than one temperature changes. You can say on which fan every temperature should rely. On my system, TEMP1 and TEMP3 are both influenced by FAN1.
First of all, you have to identify which temperature sensor is which. SpeedFan strictly adheres to available datasheets for each sensor chip. Please remember that hardware monitors are chips that do have some pins (small connectors) which should be connected to some additional hardware (temperature probes, thermistors or thermocouples) in order to be able to read temperatures. Only a few hardware monitor chips do label their connectors with "CPU", "System" and the likes. Most of them use labels like "Temp1", "Local" or "Remote". The hardware manufacturers connect available pins to different temperature sensors basically according to the physical placement of components on the motherboard. This means that the same chip, an ITE IT8712F, for example, might be connected to a sensor diode measuring CPU temperature on Temp2 and, on a different hardware, it might be connected on Temp1. If you have a "Local" sensor and a "Remote" labeled one, this usually means that "Local" is the temperature of the monitor chip itself and "Remote" is the temperature read from a "remote" probe.
When you have properly identified which temperature sensor is which, try to lower the speed of each fan and look at reported speed and temperatures. If you do not allow SpeedFan to change any fan speed and set all the speeds too low, then SpeedFan won't be able to avoid overheating.
Actually, I have no idea what Speedfan is.