The flipmeister is of course right about using distilled water. To enhance its cooling property I swear by RedLine WaterWetter. At one time the local dealer sold this product. I realized a 15 degree drop in operating temperature, solely based on oil temp sensor, during the hottest of days here in Alabama. 190 degree oil temp versus 205 is also preserving the service life on my Amsoil. Normal day to day oil temps run 180-185.
BTW: While oil and water may not mix readily, the 185 oil temp reading coincides with the fan cut on timing. Soooo, the oil temp readily approximates water temperature.