judgecorp writes "UK company Iceotope has launched liquid-cooling technology which it says surpasses what can be done with water or air-cooling and can cut data centre cooling costs by up to 93 percent. Announced at Supercomputing 2009 in Portland, Oregon, the 'modular Liquid-Immersion Cooled Server' technology wraps each server in a cool-bag-like device, which cools components inside a server, rather than cooling the whole data centre, or even a traditional 'hot aisle.' Earlier this year, IBM predicted that in ten years all data centre servers might be water-cooled."
Adds reader 1sockchuck, "The Hot Aisle has additional photos
and diagrams of the new system