My CC Mystic has a 575 board and a full-040 processor without a heat sink. No issues with it running too hot.
http://applefool.com/applefool/Rogues_Gallery/Pages/Macintosh_Color_Classic_%22Mystic%22.html
http://applefool.com/applefool/Rogues_Gallery/Pages/Macintosh_Color_Classic_%22Mystic%22.html