My gaming PC had a Velociraptor 600GB and I loved having one fast traditional disk. So I put it inside of my 2010 iMac i7.
Long Answer:
Under extreme load, the temperature was 61-62c. Thats too hot .The fan never went over 1100RPM. I have tried connecting the temp sensor 3 different ways:
1: Permanently modifying my original Seagate sensor to fit into the Western Digital pins on the back of the Velociraptor. If connected incorrectly, the fan ramps up to full speed. If connected correctly, the fan never went over 1100RPM, even at extreme temperatures (at least according to the S.M.A.R.T. temperature). Oddly enough this is the only temperature that I can get for the hard drive. There is a sensor that always reads 3c with any program I use. Even with the stock drive. I think it was called "HD Bay Sensor".
2: As I read for people that did not want to short their sensor when installing an SSD, that they instead used an Optical Drive Sensor. I tried this, and it too needed to be connected to the rear pins of the Velociraptor correctly. Once again, under extreme load it did not go beyond 1100RPM.
3: I tried to use the same transistor used for the LCD Temperature Sensor. This too had the same results as number 2 above.
So this had lead me to 3 conclusions:
A: Leave it stock if you don't want to spend a lot more money fooling around and potentially breaking something since it is extremely fragile inside of that computer. For example, ripping the display connector off of the logic board was not fun to solder back on. 32 tiny pins RIGHT on top of each other. Yeah that sucked.
B: The stock drive runs cooler than a Velociraptor and offers more space and not too bad of performance.
C: Get an SSD if you are willing to spend $300 on a 600GB Velociraptor. I stopped fooling with traditional hard drives and slapped a 240GB OCZ Vertex II. By far the best upgrade to any computer as of now. I keep all of my applications on there and set my former internal disk inside of an external firewire 800 enclosure as my home folder.
Side observation:
I noticed two other things. The HD fan never seemed to go over 1100RPM on my mac regardless of which disk was installed. I tried all I could to get the original Seagate hot enough to ramp that fan up. I think this might be firmware related to the disk itself or some sort of firmware on the mac and how it controls its fans related to what brand disk was originally installed or something with the S.M.A.R.T reading. Not sure, just an idea. Also, the pins that even the stock Western Digital temp sensor connect to are the same jumper pins for 1.5gbps SATA speed. Thought that was odd, although when I had the VR installed the system profiler under SATA said the speed was indeed 3gbps. Benchmarks with no sensor connected and sensor connected, yielded same results.
Short Answer: Go SSD. Faster, quieter, way less heat.