I'm sorry, but this thing is just badly designed, plain and simple.
In an ideal set up, you want a coldplate in contact with the cpu which is then clamped to the block with a peltier sandwiched in between.
In order for the peltier-block setup to be efficient, you need two things. You need a cold plate which is completely insulated save from contact with the cpu. That way, the peltier is only having to transfer heat from the cpu to the water block portion.
Secondly, you need a water block which can remove the heat from the peltier and pass it into the water.
Ok, to look at the cold plate. This is the bit that scares me.
Firstly, look at the picture linked below
http://www.hardocp.com/image.html?im...ZfMV8yX2wuanBn
The portion which is in contact with Kyles hand is the cold plate.
In order from the device to only be extracting heat from the cpu, this whole finned section will need to be insulated.
I can understand why they have built this into the design.
It's the part about cooling system failure. They are trying to market it in such a way that, if the peltier fails, then you will have this heatsink portion clamped to the cpu which should protect the processor.
However, you have to remember that heatsinks work both ways. They are designed to maximise the area between the heatsink and the air flowing through it in order to increase heat transfer.
However, if this heatsink is on the cold side of a peltier, the heat is gonna be flowing from the air into the heatsink. Also, it will be so cold, that the moisture in the air will condense onto the fins releasing large quantities of latent heat.
So the peltier is now having to move the heat from the processor, the heat fro the surrounding air as well as the latent heat from all of the moisture condensing and freezing onto the fins.
I'm sure you all know the way peltiers work where they provide a maximum temperature difference for zero heat moved and maximum heat moved for zero temperature difference.
Therefore, because the peltier is having to move so much heat, it will be doing so with a low delta T. This is not going to be keeping your processor cool.
Then there is the matter of all this ice and water building up on the fins. What's gonna happen to this when you switch the computer off or you start really using your processor.
Bye Bye video card, and anything else it drips on.
Secondly, the water block.
Companies like swiftech have spent a lot of time perfecting there waterblock designs to efficiently remove heat from a processor, and it is no different for removing heat from a peltier. So why should you need such a different block design.
I'll let you think about this.
8-ball