434 - 57, 31, 1.28V, 82W, 4% hw errors means 434 Mhz - 17.36Mhz(434*0.04Hwerrors) = 416.64 Mhz (actual usable speed with WC)
434 - 57, 52, 1.28, 82W, 10% hw errors means 434 - 43(434*0.1Hwerrors) = 390.6 Mhz(actual usable speed with AC)
And that means, the choice here is between:
434 - 57, 31, 1.28V, 82W, 4% hw errors means 434 Mhz - 17.36Mhz(434*0.04Hwerrors) = 416.64 Mhz
and 409 - 56.5, 51, 1.28, 77W, stable
If you already have everything in place, I doubt you need the water blocks. But if you ask me, that means that I am going to buy a 7mh/s increase for 15€ per board with additional costs of about 200€ per 10-16 boards.
Im not sure that is worth it.
Lets see what happens if burnin highers the voltage. As you can see in the AC chart, there are volt settings which cause much more errors, than a little higher on. And while the AC cooling still is on its limit. WC could still be able to manage the 250 with little less, no or the same amount of hw errors than the 434 stage. Due that the board is much cooler than with AC.
For example:
409 - 55, 48.5, 1.25, 2% errors
409 - 56.5, 51, 1.28, 77W, stable
on AC
Could be the same as
434 - 57, 31, 1.28V, 82W, 4% hw errors
(MAYBE, not a real value!)450 - 57, 31, 1.3V, 82W, 0% hw errors
It could be possible because the board itself is significantly colder than with ac. In this case it should be a good roi for the difference in hashrate.(But to be honest its more a thought than a real expectation = ])