Xsever wroteI would not risk a PS3 with toothpaste/vaseline. Just wait for Monday and get a good thermal paste. Even if you're no going to perform CPU intensive tasks, the CPU can overheat in a matter of seconds if the thermal paste is not functioning well.
Make you sure you clean the area where you are going to apply the thermal paste with alcohol/coton/klinex before apply the new compound.
Arctic Silver 5 is conductive so I recommend Arctic Cooling MX-2 which performs better and is not conductive.
Thanks man. Do you know of any place that sells thermal paste in the Hamra area?