There are only slight differences between room temperature water and a chiller. The big difference is that the liquid is cooler therefore must be able to perform under such conditions. Cars operate on a very wide temperature ranges from -40 C up to 100 C. Ethylene glycol is used but it gels at low temperatures and water obviously freezes. A mix between water and ethylene glycol gives a good enough viscosity at very low temperatures and is pressurised to about 1 bar to prevent from boiling at it's peak temperature.
Conditions don't change much between high and low temperatures. The ideals behind water cooling still apply. The higher viscosity will make turbulance harder to come by with the same pumps. If I were to use a chiller, I would use water/denatured alcohol mix. This has a lower viscosity than water/EG mix therefore performs closer to room temperature water. I would use the most amount of alcohol and keep it pretty much non flammable. Then again, I have about 20 gallons of that stuff right now. The water blocks job is very simple, transfer heat from the processor and dump it into the liquid. Higher waterflow, more turbulance, ect. still apply in relitive performace. The difference to the most part is your now approching a much smaller temperature than before. Insulation is required to prevent condensation.
What I'm saying is that lower temperature will require different chemicals as water freezes at 0 C. The design of the ideal waterblock in both cases is pretty much the same. The liquid is what will have the problems. The goal is to find a liquid/mix that performs at -30 C at or better than water at +30 C. Pure ethylene glycol would result the same at -30 as putting jello in at +30, Pure water freezes. Water and ethylene glycol mix is fairly good but not the best. It is however very cheap and easy to get. I guess experimentation is the most viable way to find the best performing liquid in your temperature range. Other considerations such as damage to your system with certain chemicals should be appied also.