Tacos, I value your opinion, and I agree wholeheartedly on the Thermaltake product. The pump is underpowered (130 GPH), the radiator uses 1/4" copper tubing after the barbs (hence, the reason why a Swiftech 2X120mm radiator was able to outperform), but the benefit of the Kandalf is that it is a great place to start if one is making their first watercooled build. You can replace the pump later as you get more comfortable with the concept. With a bit of modding, you can even replace the radiator with a 3x120mm Black Ice Extreme III and this system becomes rather dreamy for OC builds.
Thermaltake, Koolance, Kingwin, Zalman and Corsair are the kit builds that most people use to make their first leap into watercooling. My first watercooled build was using Thermaltake, myself. Would I ever buy another Thermaltake product for myself again? Probably not, since I have moved on to better, more professional brands. But it was a good kit to cut my teeth on, rather than having to learn the hard way with custom kits that included parts from Danger Den, AlphaCool, Swiftech, DTek, AquaXtreme, etc., which I am using now in my own custom cooling loops for myself and my family and friends.
Destruct0r, you keep on keeping on. Granted, you will eventually outgrow the Kandalf in a build or two, but it is a good place to start. Lian Li is the Cadillac of computer cases, though there are some builds that are designed even better (look at the Apple Mac Pro series...that's some serious case design, and I envy the design team that put that together). You can go cheaper than Lian Li, but you will be hard pressed to find better.