Someone said that?!!!
Funny, the most common thing I see around these parts is that people will tell you that a 120 is sufficient for a CPU only. High end air generally does a better job however.
Understand that part of the point of water cooling is to get BETTER than air temps with LESS noise. How you decide to run your loop, the temperatures you want to get, noise levels, and fan config, all play a role in that among many other things.
EDIT:
Here is the thread that you seemed to formulate that opinion of how we respond to watercooling...The first post is where I can see you get that from, but with respect to that person, he was incredibly dramatic in his response AT BEST. The rest of the replies are, IMO, properly tempered and contain factual information.