Thanks for the comments everyone:

I have considered water cooling, but I am usually swapping components in and out regularly for testing purposes, so that is not very convenient, despite the cleanliness and performance advantages.

It would be pretty awesome if you COULD order something like this, but I'm afraid the shipping would be VERY expensive!!

Hehe, I'd love to help you out supernothing, but I'm in Ottawa.. Ontario! Canada!!

I'll have a real update sometime in the next day or two - work has been keeping me really busy so I haven't had much time for this project