For equilibrium, as people say it does nothing. However if like me you only use the comp for a couple of hours and then switch off then a large res can have an impact.
A 100W proc would take about 1.4 hours to heat a gallon of water from 20deg C to 60 deg C. Obviously the more water you have the longer it takes. Eg, 5 gallons would take 7 hours to get to 60deg.
However, once it got there you would be pretty screwed. Also, because heat transfer depends on the temp difference, less and less heat would get transferred from the water block to the hotter water.
Getting an alu res is a nice feature, but if you want performance then another rad will make much of a difference!