According to a story on newscientisttech.com, a UK-based company plans to introduce system that are cooled by chilled oil, rather than traditional heatsinks and fans. The idea behind the technology is that oil is a much better conductor of heat than air, and with an adequate design all of the fans can be eliminated from the system...
A number of enthusiasts have tried this technique over the years and it actually does work. It's the cleanup that's a real pain!
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