No, the Vostro 420 PSU is not proprietary. Your PC Power & Cooling will work fine in it. I know several people that have replaced power supplies in the Vostro so they could stick a better video card in it.
If your still not sure, please clarify the colors of the extra wires. The 24th pin on the ATX 2 standard is just a ground while the 11th pin is the +12V.