Yes it's unlocked, but as you know that's irrelevant for iMacs.The 7600K is unlocked for clock speed. You can run it as fast as you can a) keep it stable, b) keep it below thermal runaway. I can blow up a 125W Mosfet by running it without a heatsink. Or I can thermally cool it and run - 125W (I designed power supplies and audio gear for many years...). I believe the higher rating for both the K parts is about maximum rating even with stellar cooling - or perhaps what the equvalent power for the maximum useable frequency is. The home PC builders mostly pride themselves on 60degC max temp at whatever Overclocking they desire. The rating on the chip I believe means the same - like - maybe it can do 5GHz if you can get the heat out. I do not think it means that this chip is all the sudden 91W at the same freq as the non-K version
However, what I was pointing out is that under very heavy load, some of the 7600K chips do run a fair bit warmer. Tom's 7600K used 15 more Watts power than the 7600 under their FPU Max Load test. And for their power virus like test, the 7600K used a whopping 31 W more.
Thus, it would seem that the 7600 is pretty much guaranteed to run cool, while the 7600K might run cool, or it might run somewhat more toasty in some instances. It would appear that the 7600's clock speed is the sweet spot, and to get to the 7600K's somewhat higher base clock speed and the marginally higher multi-core Turbo clock speed, some compromises might have had to have been made.
Even for just normal gaming loads, Tom's measured their 7600 to consume 42 Watts for their CPU package and 32 Watts for the cores, but their 7600K hit 55 Watts and 45 Watts respectively. Again, that is a 13 Watt difference between the two chips.
So I will restate my assessment from before, more or less:
i5-7500: Guaranteed to be silent. Has the base GPU (570).
i5-7600: Pretty much guaranteed to be silent. Has a faster GPU (575).
i5-7600K: Probably will be silent, but not absolutely guaranteed. Has the fastest (and hottest) GPU (580).
i7-7700K: Will not be silent under heavy CPU load, regardless of how much the GPU (580) is working.
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That's why I'd like to see a few Handbrake h.265 encode tests (using the nightly release) on the 7600K. I could get my 7600 quite a bit warmer (83C) with that test than I could with the yes test (76C).