Please excuse my very direct language, this does not mean I'm rude or dismissive as I'm just discussing the topic.
1. We know that a 92mm AIO is $80 not including the bracket, so almost $100 all in all. This is a currently available AIO. If we make a copper 120mm RAD then at low production runs and a very niche application it will be very expensive.
2. I don't think it will perform anywhere near a 120mm RAD. A 120mm RAD is accompanied by a 120mm fan. A slim 92mm fan in a very restrictive location would be terrible at cooling the RAD. Even with it being copper, adding forced air convention greatly increases the performance. A 92mm fan has half the airflow coverage as a 120mm, meaning the RAD has half the airflow required to cool the fins.
3. With that in mind, I don't think you can beat an LP53, or NH-L12 considering the performance per noise level. The 92mm AIO is about equivalent to a Big Shuriken 2, with the added. Benefit that it has a higher heat capacity thanks to being an AIO.