For $60, I think the CoolIT PURE is a better choice:
NCIX.com - Buy Coolit Systems [PURE] Lc Maintenance Free Pre Filled CPU Water Cooling Solution LGA775/AM2 - P1-1002/LCW1C In Canada.
Though IMO these single 120mm rad setups with some dinky pump really aren't that great and don't offer huge improvements over a good air setup.
You'd probably be happier with the results of that dual 120mm radiator Astek setup or one of Swiftech Kits (though those cost a lot more).