Tips for This Monster-Mod
The advantages of water-cooling are that it's cooler, quieter, and better looking.
The disadvantages of water-cooling are that it can be more expensive and more complex to install.
Make sure that the water block you buy supports your specific CPU.
Use clear plastic PVC tubing, and add UV-reactive water dye to light up the inside of your case.
Look for old car radiators or other unique ways to save money while still making your system a work of modern art.