I found a helpful link that describes a very simple way of controlling your 4850/4870's fan speed. At default it is around 80 degrees which is a little too hot for some.
http://www.hardforum.com/showthread.php?t=1320351
It works like a charm for me. I set it to 50%, and the temperature now sits at 49 degrees down from 81 degrees.
First Enable Overdrive in the Catalyst Control Center.
Next Create a new Profile using the Profiles Manager in the CCC and make sure Save All Catalyst Control Center Settings is checked.
For Vista
Then go to the following location and open the following file for editing "C:\Users\Your Windows ID\AppData\Local\ATI\ACE\Your CCC Profile.XML. The xml file will have the same name as the Catalyst Profile you saved. right click and hit edit.
For XP - Thanks Spartan for the path...
Then go to the following location and open the following file for editing "C:\Documents and Settings\Your Windows ID\Local Settings\Application Data\ATI\ACE\Your CCC Profile.XML. The xml file will have the same name as the Catalyst Profile you saved. right click and hit edit.
Now go down the page until you see the following lines in the XML file ...
<Feature name="FanSpeedAlgorithm_0">
<Property name="FanSpeedAlgorithm" value="Automatic" />
</Feature>
<Feature name="FanSpeedRPMTarget_0">
<Property name="Want" value="0" />
</Feature>
<Feature name="FanSpeedPercentTarget_0">
<Property name="Want" value="23" />
Change the "Property name="FanSpeedAlgorithm" value=" from "Automatic" to "Manual"
Then change "Property name="Want" value=" from "23" to your desired fan speed.
Save the file, then reload the Profile you just edited in the CCC. Done.
http://www.hardforum.com/showthread.php?t=1320351
It works like a charm for me. I set it to 50%, and the temperature now sits at 49 degrees down from 81 degrees.