It is a very good question and one that does need to be answered.

ManBearPig
It is a very good question and one that does need to be answered.

I hope that it does. Honestly, I don't care if even negative attention is drawn to this thread. We need this answer before people get it answered the hard way. 

I actually want to commend EVGA on the $650 pricing on this thing. This card has faster clocks than a 980FTW @ $580 and the same clocks as a $700 classified and an $800 hydro copper. Geeze the stock superclocked 980 is $620 right now. You’re only paying $30 more for faster clocks, a radiator, a fan, piping, a pump, & fluid. Not a bad deal. The new shroud design superclocked is only $570 though but still slower clocks & only $80 cheaper. Plus of course you get better cooling & system sound than all the GPUs I mentioned (except the hydro copper of course assuming its a beefy cooling system).
 
This is the main reason why I don’t want to do a full custom loop system. Too much maintenance, too expensive, too much loss of resale value, too many things you need to measure and cut, and too much risk of leaks. I’ve done it before and it was nothing but headaches. I honestly believe these AIO GPUs are the future of GPU cooling just like how the CPU AIOs are skyrocketing in popularity. I specifically built my case for 4 AIO GPUs. It has 6 radiator spaces at the top. 2 for the 240mm AIO CPU, and 4 for 120mm AIO GPUs.

seyumi
I actually want to commend EVGA on the $650 pricing on this thing. This card has faster clocks than a 980FTW @ $580 and the same clocks as a $700 classified and an $800 hydro copper. Geeze the stock superclocked 980 is $620 right now. You’re only paying $30 more for faster clocks, a radiator, a fan, piping, a pump, & fluid. Not a bad deal. The new shroud design superclocked is only $570 though but still slower clocks & only $80 cheaper. Plus of course you get better cooling & system sound than all the GPUs I mentioned (except the hydro copper of course assuming its a beefy cooling system).
 
This is the main reason why I don’t want to do a full custom loop system. Too much maintenance, too expensive, too much loss of resale value, too many things you need to measure and cut, and too much risk of leaks. I’ve done it before and it was nothing but headaches. I honestly believe these AIO GPUs are the future of GPU cooling just like how the CPU AIOs are skyrocketing in popularity. I specifically built my case for 4 AIO GPUs. It has 6 radiator spaces at the top. 2 for the 240mm AIO CPU, and 4 for 120mm AIO GPUs.

Yup it's a very good price.  Just can't seem to find it in the UK at the moment.
 
I think it's probably cheaper than the classified as it's a reference card with a cooler (a damn good one at that!) where as the Classified is all custom.

I would love one of these on my titan x's, but probably would just deal with air cause i don't have much room for extra radiators all over it. (already have a corsair one for my CPU)

My question, regarding the warranty covering water damaged components if a leak occurs, was answered. Not too sure that the answer makes me feel secure enough to buy one of these. 
 
Taken from my warranty thread here: http://forums.evga.com/EVGA-GeForce-GTX-980-HYBRID-warranty-question-m2314070.aspx#2314070
 

EVGATech_ChrisB
Hi chrisdglong,
 
In the extremely unlikely event that this occurs, then it will be reviewed on an individual case by case basis.

Package for EVGA GTX980 Hybrid is E X C E L L E N T!
I can't describe how I like to see such nicely packed hardware.
But I'm very sad because EVGA don't want to treat every special card on that way.
GTX780Ti K|NGP|N, 980 K|NGP|N, TITAN X Superclocked, all of them deserve such nice package.

Anyone got an installation video or the instructions for the upgrade kits they are selling, I am sitting on buying two of them but want to see if it's really that simple.

a Titan X Hybrid is needed way more than a 980 was.

Awesome, well over due. 
I think pre-built closed loops are the future of cooling solutions. 
 
I had to share this on my facebook.
 
Awesome solution EVGA. 
 
Is that water loop made by Corsair? Their new CPU coolers use that braided tubing too.