I disagree...if you put as much attention into your water cooling solution as one would with their air cooling solution, I believe water will win every time when it comes to effective thermals with nearly "silent" operation.
I DON'T DISAGREE -- water will win every time. But I've seen all these posts recently, from complaints about pump-noise, to complaints that the fans on a radiator are too loud. Even so -- per the number of fans: I'm (obviously) using air-cooling with the (now old) NH_D14, and I only have four fans -- one of which is likely unnecessary if I make some minor adjustments for its removal. If I did that, I'd expect to get the same thermal results under IBT that I had with all four.
Since you brought it up, though, I can run IBT with "air" and a "pretty-darn-good" overclock, with temperatures that don't break 70C. but I'm pretty sure I'm not just 10C "behind," but probably 15C. It could be 20C. We'd have to have a p***ing contest with screenies.
But that's really not the point of it. Perhaps OP should ask two questions: "What does 'silent' mean for air cooling?" and "What does it mean for water-cooling?"
If you revisited my update for the original post on "Gentle Typhoon," it's pretty obvious that I could spend way too much time seeing how much noise I could eliminate from my high-output fan, but I DID get results. Even so, if my computer were perpetually loaded 24/7, I'd live with "white-noise." I compared it to a nearby AC vent on a hot day. You wouldn't have that situation with water-cooling, but for all the trouble I took, the white-noise is a pretty small annoyance with air-cooling.
I'd still wager -- if we weren't running IBT or LinX bench tests, my rig is likely as silent as yours. You can't hear much of my rig -- "tone" or white noise -- to maybe 60C under load. If we were running those bench tests -- you win! but my system isn't noisy under that situation in a way you'd call "annoying."
And truth be told -- I really promise -- I'm going to use water-cooling in my next system . . . provided desktops haven't become obsolete by then. Next year! Maybe a little earlier.