You need to look up what its beeps mean. Its motherboard battery might just need to be replaced. Then, look at its specs and see if it can be upgraded.
Actually MX-2 is quite a good thermal compound in my opinion. It might be more difficult to applied. You might need to put it on the top of a TV for about half an hour to make it softer before application.
Thinking of buying one but don't want to wait until March. An eBay seller offers this laptop shipped within 15 days but the price is $1,050 with the same specs as Xaijin's.... umm...