Water cooling mfgrs should pay close attention to that "cool chips" technology in the pipe. If more efficient peltier-type cooling is available soon, water will be the logical choice to cool it.
Regarding CPUs being "fast enough"; I don't see that affecting water cooling as long as there are motherboards that let you o/c. There will always be a segment that will pay $200 for cooling to o/c a $50 chip to the speed of the $250 top end; doesn't HAVE to make sense to be successful.
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