mate id honeslty leave the mechanical water pump there, it does its job well, and will be a lot more reliable than an electric.
Also think about, are you going to overload your generator...the ones of the 4m are a generator (not alternator) and dont give a lot back to the battery in the way of current. So fitting a complete electric cooling system may suck up too much power.
Having said that, i am pretty sure you can get aftermarket (bosch?) alternators to replace the 4m generator, which will give you more charge.
In short, id leave the water pump but remove the fan and replace with an electric, id say about a 14". Follow witzl's thread on here about wiring up thermofans.
blake
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