This is what scares me. I did watercooled PCs for 3 years. Got leaks more times than i want to admit to. And i would make sure everything was barped/clamped really well and test all the parts before using in a PC for leaks.
Whenever water is involved with electronics, I back off. I think people who do RDWC are crazy lol. Risk vs. Reward.
It's great in theory, but if your goal is to extend the lifespan (and a tiny efficiency boost) of the LEDs but you're using a cooling system that costs so much more and can risk burning your house down, I can't see the point. If you can recuperate the heat, it's more sensible to me. But otherwise im happy with my heatstinks for my LEDs that keep the LEDs under 50c passively and never will need maintenence.