For the most part, the 45nm parts are going to get their max Oc just fine on air. The lower end chips have such a low multiplier that the board is usually the limiting factor to the overclock rather than the cooling method.
Also, if you go water, petratech is the bomb. I ordered my barbs for my radiators on tuesday, picked usps because post office delivers on saturdays, they showed up today. I ordered them at like 5:30 on tuesday, the were in my mailbox on thursday.