Intel has defined BTX in 3 form factors; micro, workstation (flat desktop w/92mm fan), and a biggish tower
there is a paper on it somewhere (sorry, no link)
I don't think Dell wants loud computers as much as they want cheap computers
as long as heat pipes will work they will use them in preference to water
and the only loads that 'might' need water are the EEs or such, I doubt that is a big market for anyone really
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