So, this cooling is basically a ghetto monkey-copy of techniques Cray pioneered two or three decades ago--right down to the use of 3M Fluorinert (http://en.wikipedia.org/wiki/Cray-2).

I don't think that this technology is going to be readily adaptable to anything other than brute-forcing hashes. I don't know of any fundamentally useful engineering or research being generated that would have application elsewhere.

EDIT: Which isn't to say it isn't neat...I just don't think it'll bear fruit anywhere else.