well yes, but will it work. I will have to find out.. I am off to the great EBAY! I think just to see for testing purposes I will put a fan based hard drive cooler on the hot side to see what kind of benifit I get. If this works it would make for a fairly cheap and quiet chiller. Of course I doubt it will be power bill friendly. Not to mention long term use would require a dedicated TEC power supply.
And if not I got this 15K RPM SCSI drive that is hotter then the dam sun. It raised my case temp from 24 C to 41 C.