I have a clone of the 48V 350W supply.
I was just playing around with it, and noticed that when I lower the resistance of the thermistor, the current output increases significantly. This seems like it may have been a design flaw? Here's what happens:
I turn it on, and it is outputting about 5.8 amps. This is less than the rated 7.3 amps because of the resistor mod I did. I added some resistors in parallel with the R31, until I got the desired output current. Now I point my heat-gun at the thermistor, and the fan turns on. When the fan turns on, the current jumps to over 8 amps. The same thing happens when I add a resistor in parallel with the thermistor, or if I short the thermistor out. Now it seems to me that if your powersupply is overheating, you want the fan to turn on. This is all well and good, and we can assume that it will work this way. I haven't tried it myself, and I'm afraid to, since I heard of someone's powersupply exploding out of box because the fan turned on too late. Anyway, even if the thermistor value is properly tuned to detect the heat before it gets too high, I foresee one big problem. As soon as the thermistor resistance reaches the threshold, the fan turns on and the current output... doubles?!. I think something is backwards here, and perhaps they wanted it to decrease current. If this is the case, perhaps replacing the thermistor with ... the other kind, the funky kind where the resistance increase with temp... maybe that would be a good idea. Who knows. Hopefully someone will find this useful.