Nah, it's only average dude. A good water cooling kit should get you down to like 15C-20C or so, some I believe I've even seen 10C.
LIke I said the review I saw was prety much like the one you got there, and Intels should be running cooler than AMD's, and the one I saw had an AMD at like 35C or so but I don't recall the CPU Speed =/
EDIT: Sorry to answer this:
so its pointless and i am better off with the normal heat sink and fans? and what parts does it replace?
Well depends on your wants and/or likes. It will be more silent compared to a case full of fans, and I don't believe the pump should be at all loud. Personally even with water cooling I'd have a few system fans just to keep RAM, HD's, things of that nature cool, but I think so would most people.
What do you mean what parts does it replace BTW? Replaces the heatsink and FAN for the CPU, that's it.
With good case air flow, nice aftermarket heatsink, AS5, and a good CPU fan you can get lower temps than that particular water cooling set up, but like I said it's good for beginners to learn how to set one up and get started before they simply leap to an exensive one