Looks good, But I would put a better ssd in a system of that price bracket. The kingston one is pretty meh
http://pcpartpicker.com/part/samsung-internal-hard-drive-mz75e250bam
The chip should not be that hot even if the fan was the wrong way around. The most likely issue is an error in mounting the cooler. Make sure it is correctly seated, every time you seat it you need to reapply the thermal paste.