homemade phasechange is better and cheaper than good watercooling, so the best thing about w/cool is the silence.
Torin you only have a nf2 board, so you cant comment on whether w/cooling the chipset is still a waste. the nf3 and nf4 chipsets get burning hot on stock sinks
the point of watercooling nf3/4 is becasue the NV cards hang over chipset, and it heats them up reducing the overclock. i know from experience
so watercooling can trap the heat and move it away