And water cooling is used for?
If you don't NEED a true, you couldn't possibly need water cooling
lol
It's starting to annoy now isn't it.. I'll wear you down, you'll see
Speaking of waiting for i7 to drop. You wouldn't need to spend £250 on core 2 parts. A mere £165 will get you an E5200 (~£55), 4GB PC6400 RAM (~£37) and a biostar P45 (~£73)
You could go even cheaper on the mobo, probably £25 - £30, and go for 2GB of RAM and save another £15 if you were sure you wanted to take a dive on i7 sooner rather than later.
It's not a bad way to go and I'm willing to be that it's just being used for gaming you won't need to upgrade for a long time yet.