The thermal diodes are what the system uses to "know" what temperature something is. The CPU has thermal diodes for each core and for the package temperature. The motherboard has thermal diodes for the VRM and voltage regulation components, and for various other system components that are integrated into the motherboard. When using the "CPU" temperatures for speed control (Changeable in most modern motherboard BIOS on a per fan header basis, or specifically using the CPU thermal diode readings for fans connected to the CPU or CPU OPT fan headers) fans are going to go up and down, WAY faster than when connected to other thermal monitoring diodes on the motherboard as the CPU can raise by tens of degrees Celsius in less than a second, and drop just as quickly. Other thermal sensors on the motherboard tend to be a more gradual process, so fans using those sensors/diodes will have a more tempered fan response and not go way up and way down everytime the CPU is doing something and then stops doing that something.
It would be very aggravating to have the case fans ramp up and down, up and down, up and down, every time a core comes under a load and then completes it's work and rapidly cools down. None of that actually pertains to what I was referring to in your case though, and is only for informational purposes.
In your case, the fans on the radiator WOULD in ALL cases be expected to be connected via the CPU fan or CPU OPT header, depending on whether or not the board itself has a dedicated AIO pump header or not, and WOULD be reacting directly to CPU temperature. So then what happens is that you now have two fans, very close to the outside of the case since that's where the radiator will be installed regardless of which location, front, back or top, it may be located at, that will be ramping up and down constantly unlike a normal case fan and unlike a CPU air cooler that is buried in the middle of the case which somewhat tempers the amount of sound you actually HEAR from that fan or fans since it's NOT as close to the outside of the case.
That means an air cooler is somewhat more muffled than the fans from an AIO cooler and not as annoying or noticeable, but some people could care less as they are usually wearing headphones or simply are not bothered by the increase in fan noise anyhow. Personal preference. If you prefer a quieter PC, then you probably want an air cooler OR a larger AIO cooler that doesn't NEED to run the fans as fast to provide the same level of cooling. Again, budget and personal preference will likely dictate these decisions. Some swear by water cooling, while others, like myself, choose to use safer and usually quieter means. Obviously nothing compares to a custom loop water cooler, but that's a whole different level of cooling with a whole other level of cost as well.
If you plan to move this system around a lot, I'd stick to an air cooler because air locks inside AIO coolers are a very real problem when something gets moved around in a lot of instances. Air bubbles inside the loop get trapped in a certain area where they are not easily removed without tilting the case side to side or elevating parts of the loop to get it back where it belongs. Just a hassle in my opinion, if it happens. It doesn't always, but it certainly and does in some cases.