The biggest components in a DIY cooling loop will be fans and rads. There might actually be versions small enough for your case, but their cooling power and efficiency is largely based on physical bulk and surface area so unless they have dimensions bigger than your existing cooler they won't be better coolers. An externally-mounted fan/rad setup or a completely separate external fan/rad chassis are possible but would wreck much of the Chopin's appeal.
The fastest 65W CFL/DDR4-2666 processors are i7-8700 (12MB, 1200MHz UHD630) and i5-8400 (9MB, 1050MHz UHD630).
The fastest 65W KBL/DDR4-2400 processors are i7-7700 (8MB, 1150MHz HD630) and i5-7600 (6MB, 1150MHz HD630).
The fastest 65W SKL/DDR4-2133 processors are i7-6700 (8MB, 1150MHz HD530) and i5-6600 (6MB, 1150MHz HD530).
There's honestly not much "real" difference between these iGPUs, or even between high-end Z370/Z270/Z170 m-ITX mobos.
But while on-die caches and memory speeds are usually secondary to raw clock speeds in "real" performance terms, they're seriously worth considering in a machine which relies entirely on iGPU.
I notice that Intel has cleverly designed their "non-K" Coffee Lakes to make anything but the very best (most expensive) "-K" parts less desirable for iGPU-based systems. But CFL is still very new, I think it's likely that Intel will release i5-8600 and i5-8500 (and a variety of low-power "-T" parts) in upcoming weeks/months, and if these mirror their SKL/KBL predecessors then they'd be better choices for your build than the i5-8400.
"All opinions are not equal. Some are a very great deal more robust, sophisticated and well supported in logic and argument than others." - Douglas Adams
[/Korth]