My two cents,
Well, Computer Heatsinks and "COOLING heads" on nitro engines are the same thing with the same principal but the applications are vasatly different in many ways. Now-a-days you have to have "active cooling" on a computer heatsink as processors are running @ mind blowing speeds generating tons of heat compared to five years ago. Copper conducts heat better then most any metal but the problem with copper is that it's heavy and it doesn't disipate heat as well as other metals. THe answer for pc's is a well designed copper heatsink with a fan to help disipate the heat......ACTIVE COOLING ='s a heat sink and a fan.
A well designed copper heatsink with a fan would kick ass for elminating heat from a NItro engine but it's to heavy for a RC application as violent rolls are often a reality of this hobby and it could shear off the engine block and especially with a big ass fan on top.
To the Subject of water cooling and possible RC applications. Well, I use to be a hardcore "case mod'r" with two cases featured in MaximumPC back in the day. I have plenty of experience on the subject of water cooling.
Kwong makes a great point. RC Cars and Truck and RC boats are two completely different animals. To water cool a nitro engine properly you'd have to have a resevoir, pump and water lines all over the place and various other crap that could become disconnected and cause a leak with engine temps skyrocketing in a matter of moments. Not to mention that you'd be adding allot of weight to the car/truck. You wouldn't have to worry about the heatsink being bumped or knocked off the engine as you'd only need a small plate made of copper of other comporable metal. THe heatsink wouldn't even be visible with a body on.
Water cooling has no place whatsoever in this hobby as of now. It could be a relality in the near future though. ANyone that develops a proper Water cooling sytem for NItro engines gets my big phat KUDDOS but it's not a reality for real world use.
Peace