I hear good things. Unless you're getting some kind of deal you might check out the Scythe Mugen 2. For the price your getting a lot of cooler and performance. Outside of those, the only other option I would recommend would be either the Prolimatech Megahalems or Noctua NH-D14. Though, the Thermalright Venomous X is getting a lot of good mention lately by those using it. Though those last three are close to each other after you factor in fan cost, there really isn't any reason to get much else, from a performance perspective. Yea you jump a lot in price, but all the others in between the first group and second are not really worth the price increase since performance for noise will be more.
As for me, I initially had the OCZ Vendetta 2. I used 3 different fans on it, even my 3000 rpm Kaza, until I settled for a while on the CM R4. Still, I couldn't push vcore much past 1.275v with LLC on without temps getting into the high 80s. I finally convinced myself to drop some real money when the Noctua NH-D14 come out and I can tell you that I was not disappointed. I saw a full 15C drop, with the same cpu overclock, after AS5 cured. The real shocking thing to me though is how quite it is compared to the OCZ setup while still being cooler. I can run 3.6Ghz (21x181) core and uncore passive with no other help that the stock HAF fans! Ambient room temps were in the 22-24C area. I was able to make 10 loops of LinX using almost all memory and temps never got over 80C. It took about 30 minutes to finish and HT was on too. 1.425v on the core with vdroop is not problem with Noctua fans at full speed, all while stilling being quiet. Temperatures never get over mid 80Cs.
When it comes to cooling an i7, if your going to overclock, go all the way or nothing at all. The huge gains seen from the expensive coolers are worth every penny. Even if they equal similar performance temperature wise to the cheaper coolers, they will usually be a lot quieter doing it. I know not everyone can just coin up 60-90 USD, but if you can save up the money, it is worth waiting.