It might be a cheaper alternative to get your feet wet for custom level watercooling but expansion options can and will be limited since not everyone makes aluminum waterblocks for every card on the market. Even EKWB have shut down their thinkcell programme since they couldn't keep track of the immense level of suggestions for various request/demands with a vast sea of SKU's for CPU's, motherboard's chipsets as well as monoblocks and lastly GPU's.
FYI, corrosion inhibitors only slow down the process of galvanic corrosion or the liquid inside an AIO aren't actually water based but a special fluid concocted at Asetek's factory.