1/2 all the way.
As far as a block:
Sexy: dTek fuZion cpu water block
Slightly cheaper: Apogge GT cpu water block
And if you go VGA cooling, don't get a full coverage block. Stay with core only blocks, and use ramsinks.
As far as # of barbs, ONLY get a 3 barbed block if you need a way to split the flow.
Also, if you use the OCZ memory blocks.... only use them if you are going to only have a cpu, with the OCZ blocks on the loop.
Reason why: 90 degree angles seriously hurt your flow. And the key to getting good w/cooling, is to have sufficiant flow.
These sites are good:
www.petrastechshop.com
www.crazypc.com
And, if you are DESPERATE for a seriously hard to find part,
www.performancepcs.com
and,
www.frozencpu.com (not the best site, marks up their prices bad).
Coolant:
Penatosin G11 coolant from petras, and a bottle of petras Nuke (biocide), and some $1.69 per gallon distilled water from your local grocery place.
If you have some questions, head to www.xtremesystems.com/forums , scroll down to Watercooling, and read the guides. I'd recommmend cleaning the inside of AT least your radiator, with some boiling hot DISTILLED water. Multiple rinses.
8)
EDIT: If you want the ultimate peace of mind, get some 7/16 tubing. Negligable perf. loss compared to 1/2. Note: you may need to either dip the tube into some hot water, or use a blowdryer to soften the tube to get it on.