As someone who has owned the H50 and currently has the Noctua D14, I cannot understand the gate for the closed loop CPU cooling systems here. Calling it "fake WC" is technically false and needlessly disparaging. Maybe calling it "little water" would make more sense, as these are less expensive and smaller than big boy WC.
But these are typically the best solution for cooling OCed CPU in small form factor cases. You can use them effectively as an intake or exhaust, and are much smaller than big boy air cooling.
Again, just because you can get better cooling, value or acoustics with other coolers doesn't mean that these have no value, or are just for people you consider "newbs". My old system was an i7 875k in a nice micro atx case, and the H50 with a couple of upgraded fans was by far the best solution for cooling my OCed 875k. As an Exhaust, it allowed me to fit a GTX 480 with an aftermarket cooler, all of my hard drives, and giant Blue-Ray burner, etc, with low temps, low noise, and a compact case.