Watercooling Kits, OR Part's..

The parts that i have selected or have on my mind are below, My budget is £5,000 GBP.

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THERMALTAKE CASE ARMOR+ VH600LBWS BLACK WINDOWS LIQUID COOLING
Enermax Revolution85+ ERV1250EGT | 1250W
Asus P6T7 WS Super Computer, Intel X58, S1366, PCI-E 2.0(x16), Triple DDR3 2000 (OC), SAS/ SATA RAID
Intel i7 975 Extreme, S1366, Bloomfield, 3.33 GHz, QPI 6.4GT/s, 8MB Cache, 25x Ratio, 130W
128GB Corsair Storage Solutions Gen 2 2.5" Solid State Disk Drive (SSD) P128
LG BH08LS20 8x Blu-Ray BDRW Internal SATA Black Bare Drive OEM
Razer Mamba Wireless/Wired Gaming Mouse, 5600DPI
Logitech G19 Keyboard

I guess the next question would be "is this for overclocking?"  Or is this watercooling setup just to keep things cool and quiet.  Additionally, what do you want to cool?

Hi there..

The system will be Water Cooled, The CPU & GPU is a must..
The chipset or northbridge have heatsinks image below :- Of motherboard

Is there anything else that is  a must for water Cooling

If your running crossfire or sli I would get some 5.25" rad mounting brackets and mount a 240 rad in the front which would use up 6 of your 5.25" bays leaving 1 available for your optical drive. I would then mount a single 120 rad off the back for your cpu. If you really wanted to you could put the chipsets/mosfets off the cpu loop with minimal impact. You could even possibly mount a 240 rad off the back instead if you used some extenders which I don't typically like myself as they make the rad and fans stick out so far off the back of the case. You should probably use a t-line instead of a resevoir since you'll be stretchin for real estate using two loops in that case. Looks like you could put the pumps in the bottom of that case with little problem. If you run your tubing right you should be ale to use 1/2" tubing. I think thats about the best you will be able to do with that case without some serious modding.

Can you explain the rad system i dont understand, also what you mean its the best i can do with that case, without serious modding.. Do you have anyother cases in mind?

There are a ton of cases out there in which you could mount rads in the top or larger one's in the front. Specifically like the Lian Li cases because they don't have the extra fancey parts sticking off the case like the fins or whatever they are the Lian Li cases are just more square and simplistic. That makes it easier to cutout and 120 fan hole to add fans and or rads. As for what I was talking about with the rads for your case, You can buy mounting brackets that will allow you to put 2 120mm fans and a dual or 240mm rad where the 5.25" drive bays are. It would however take of 6 of the 7 slots. Also in the back of the case where the 120mm fans is you can install a 120 rad or single rad off the back. They do make (and I don't know the exact name) a bracket or long screws that you secure your rad off the back of the case which actually has the rad and fans sitting back a couple inches from the case. I don't particularly like that option but it is an option. The only other place you may be able to install a rad is in the bottom of the case if you took out the extra 2 cages that were there. I have never personally worked with that case so I don't know if there is enough airflow from the bottom to do that. Just my take on the case and the options you might have to installing rads. In my experience the more somplistic a case is as far as layout the easier it is to mod or creatively squeze stuff in. Someone else may have another idea that I didn't see too.