Why yes it is! or better known in the chemistry workd as a "Friedrich condenser" for condensing steam into pure water.... I think its goona look sweet. Its gonna take a bit of modding, but hey... its gonna be worth it.
This is my master plan... picture it if you can. I'm going to get an 88 MM mortar ammo case, and place the heat core and pump inside it. I'll cut two circular holes in the case for the fans on the heat core, and place either Biohazard or Radioactive fan grills over the cut holes. I'm then going to try and get some UV reactive water dye (Green if possible, as close to the Simpson radioactive Plutonium green as possible) and light the whole thing up with UV lights. The water condensor will go on top off the mortar case, with the hoses running between the case, condensor and the back of the PC. Basicly what I want to do is make the setup look like a radioactive / biological apapratus.
bling bling yo... I think I got a pretty cool little custom water cooling setup going!