Do you mean having a machine drowned in oil? If yes then I think it's a cool idea for about 5 minutes, but the novelty wears off extremely fast and then your left with a machine dumped in oil that's more of a hassle than it was with regular cooling. So in short, not worth it.
cool.....................not cool nemore. ya thats how amazing it is to me, too messy , too much work and up keep, so no if u think of doing it, dont do it