same old so call " bargain " again..

Not a fan of rebates, but this actually is a really good deal.

The Cooler Master Hyper 212 above cools better and is only $15

#3, what part of "water cooled" don't you understand? The $15 one above won't leak water all over the inside of your computer like this one will, destroying the motherboard and video card in the process.

Just as a BTW, I've been water cooling for 10+ years and have yet to have a leak.
If you do get a leak, it's from putting plumbing together carelessly - and there's no plumbing to put together in the system above - it's sealed.
In general, look at radiator size to compare cooling capacity. This one's got a 120,, rad, like the coolermaster - so it probably doesn't cool any better -but- should fit in a case the CM won't fit in, and you might be able to drop one fan from your system.
Cooling system pumps can be very reliable, but the won't be as reliable as a cooling pipe (moving parts vs none).
So, there are pros and cons - and leaks aren't one of 'em.