Edith - what you are saying relates to the water though doesn't it - not the powder?
In the UK the water isn't likely to be a problem, whereas the powder can be.
So you boil the water to kill any (unlikely) bug in the water and to get hot water (so not using the hot tap which is really bad).
You ensure the water is 70deg (or a bit over, but not boiling) to kill any contaminates in the powder.
It would be interesting to see some links re the temp for the powder. I always believed you allowed it to cool to around 70deg so that you don't kill the nutrients in the formula, but what CMOT says makes sense too, but 70 deg is the 'food safe' temp so that makes sense. It is also true that if you use hotter water the bottles sometimes seem to be under too much pressure 
One thing is for sure - at least 70 deg is better than colder.
OP - have you been on the breastfeeding boards? You will get a lot of help there and may not need to use formula anyway, but if you do, I would try a variety of the ready made cartons until you find one that your DS will tolerate (you may need to try using the same brand for a few days so he gets used to it), then you wont be wasting the huge tubs. If you can afford to use the cartons for the one feed long term it would be better anyway.