Forget for a moment that you still can't hop over to Newegg or any other online vendor in the U.S. and place an order for an in-stock Fermi graphics card. What you can do, however, is window shop as more product pictures continue to trickle out, including ones of Inno3D's Black Freezer GTX 480 and GTX 470 videocards.
Both variants come with the same Black Freezer watercooling block, which covers not just the GPU but nearly the entire front slab of silicon. Given what we know so far about Fermi's power requirements and tendency to run hot, we expect to see quite a few vendors try to cash in with watercooled models.
Other than the pics, Inno3D has been pretty quiet about these upcoming cards. There's no product page, press release, or any word on whether or not there's a bit of factory overclocking taking place. And of course no word yet on price, though Fudzilla claims to have heard that the waterblock might be offered as both a pre-installed and standalone option.