Air all the way. While your Matterhorn is a great cooler, you can gain 5-8c with a top tier cooler and depending on how well your case airflow is optimized can probably gain another 5-10c.
CLCs are noisier, more expensive, don't cool any better (especially at same noise level) are not as dependable (pumps wear and fail) and when they fail it's major expense of buying a new cooling system.
Air coolers only have fans to wear out or fail, and any fan can be rubber-banded onto cooler until replacement arrives. CLC pump fails and there is no cooling at all.
The only AIOs worth looking at are Swiftech and EKWB Predator, and they are not CLCs. We can add and replace components. Add GPU waterblock and additional radiator, change and/or top up coolant, etc.