We present a new seismic model of the Pacific lithosphere/asthenosphere to a depth of about 300 km. The data-set consists of broad-band Rayleigh and Love wave group-velocity (CU-Boulder; 15 - 200 s) and phase-velocity (Harvard, Utrecht; 40 - 150 s) dispersion curves. We construct the group and phase velocity maps using "diffraction tomography" which accounts for path-length dependent sensitivity, wave-form healing and associated diffraction effects that are particularly important for long ocean-crossing paths. Monte-Carlo inversion of the dispersion maps produces an ensemble of acceptable shear velocity models of the crust and uppermost mantle from which average characteristics and uncertainties are extracted. We convert the seismic model into temperature and density in order to compare the predicted isotherms and seafloor topography with physical models of lithospheric formation and cooling. The conversion is based on laboratory measured properties of mantle minerals and a compositional model of the oceanic upper mantle. The dispersion velocities, the intrinsic shear velocities of the lithosphere, the temperatures and the topography predicted from the seismic model correlate strongly with age. At young ages (< 70Ma), this correlation is well described by a simple half-space cooling model, but at older ages, the lithospheric temperatures predicted from the seismic model are higher than those from the half-space cooling model.