I don't think you're going to get a meaningful answer here. There aren't many people running immersion, and even if you find one that has run a significant number for a few years there seemed to be big differences in reliability depending on the batch. I had 13 S17 series miners delivered to a host in Canada, and all 13 ran for 2 years without a single issue. I also had 7 S17 series delivered to another host, a few months later, and 3 out of 7 died and required repair.
I would guess that running immersion would help, but your guess is probably as good as anyone else as to how much it might help. I think running at a much more constant temperature would definitely help with issues arising over time. The thermal expansion/contraction could be what accelerates the expression of the issues that are present.
It just comes down to how good of a deal you're getting on them, and if you have a good repair shop lined up. At least right now, you could also probably sell the broken ones on Ebay for nearly what you are buying them for, so that could be an option.
You could also check out this telegram channel,
http://t.me/ImmersionCoolingTechnologyTalk