what kind of water cooling are you going for? Closed loop? No good just grab a high end air cooler at that price that will perform better. If custom then go on right ahead.
i was planning on this but if you are saying those air coolers are better, i will definitely check them outhttp://www.newegg.com/Product/Product.aspx?Item=N82E16835181015
do you have any recommendations for one?