I bought one of these a while ago:
I fired it up, and used a thermometer to read the temperature of air going in vs. air coming out. In my apartment, it read 95 degrees going in to the fan, and 84 coming out of the fan. Not bad. As far as ability to cool a room, well, it's limited. I have two windows seperated by about 6 feet of wall space. I put the cooler-fan in front of one window, and I have another fan in the other window that pushes the air to the outside. It's pretty good if you get right in front of the airflow, but anywhere else in the room, you won't feel much relief. It's also somewhat noisy; it took a little getting used to on the slow speed. I doubt most people would want to deal with the high speed--too noisy.
At night, it dropped the temperture 10 degrees F, from 90 F to 80 F.
All in all, it's ok . . . I've gotten used to sleeping in 80 degree heat (no covers), and it provided sufficient relief to give a restful night sleep. What's nice is the $$$ I saved from not running the AC. Using this thing for 30 days will save me around $2 a night, or $60 a month. It'll pay for itself in less than 2 months, and it'll be gravy after that.
It holds a few gallons of water, which isn't enough for an 8 hour run. I'll probably add a 5 gallon water bottle held upside down, with a feeder tube so that it fills up the fan's resovoir when it runs low. That ought to fix that problem . . .
If it starts to rain again like it had been up through July, I'll just use the fan by itself, and that should be ok.
--Just some notes on this thing . . . FYI . . .