Don't forget that all the PicoPSU is doing - as far I'm aware - is converting some of the incoming 12V to 3.3V, 5V, etc. The 12V is coming from the external brick not the PicoPSU itself so that's the one you should be checking for temps and fan speed (if the brick even has a fan).
What are you planning on doing about the big whole in the back where the PSU's supposed to go? Interesting to see there's already a hole in the case that fits the Pico PSU's power plug!