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Like all good cooling systems (car radiators, refrigerators, etc) the last key component is the radiator! How else would our hot liquid get down to a lower temperature before being back dragged across the hot copper block again? If it all just heated up to a boil, that wouldn't accomplish anything, now, would it? Radiators have two primary designs: Fan, and fanless. A fanless radiator is typically an external device that is extremely large, with a lot of surface area, like a heat sink. This Zalman radiator is just one example (Incedentaly, this particular one also acts as the cooling system's fluid reservoir).
A more common (and less expensive) design is the fanned radiator, which is frequently mounted inside of the case. This design incorporates copper tubing, which the water passes through, afixed to an aluminum or copper mesh. A large fan pulls air across the aluminum mesh which rapidly disperses the heat in the copper

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pipes. The Thermaltake fan radiator pictured here is just one example.