Looks good. A true commercial application of micro-channels in the true sense of the word. The main issues with true micro-channels always are clogging due to particle matter coming off various inner surfaces of the setup (this does happen over time), clogging due to bacterial growth, and super-low flow rates. I'd be interested in how these issues are addressed, if even they are.
Of interest was this quote, and perhaps very telling:
The pump has a high flow rate of more than 20 ml/minute with a 60-V/mm electric field. It's also silent. Most importantly, it's reliable since it has no moving parts. The flow rates can be scaled up to 200 to 300 ml/minute. The pumping structure has a diameter of 30 mm, is 2-mm thick, and has an effective pore diameter of 1 µm.
20ml/min is just 0.333ml/sec
0.3ml/sec of water will allow the water to heat up by 1C per 1.4W of heat.
A 100W CPU would cause the water to heat up by ~70C as it flows across the CPU heat source. Given a 30C room temperature, we would now have steam unless the entire system is pressurised.
Also, not condusive to a cool CPU.
At 300ml/minute though, the situation is greatly improved, with the water being warmed by around 5C for a 100W CPU as it flows across the CPU.
This technology is very interesting, but at the sorts of flow rates they're talking about, it is not a high-performance cooling solution for overclockers. In fact, the very heatsinks they lament will still probably be cooling better.
Good for tight spaces though. It's just interesting to read the news blurbs for the information that they
don't tell you.