You say Handlewanker finds it amusing, I'm sure a lot of others do also, I don't discourage what you want to do,( I wonder though if this is just a school project ) I support any kind of innovation new designs, new builds, but somethings you are not thinking out at all, so comes across as, where is this going, or even amusing
Did you check out what this Toughtmet material is used for before you placed a color change of your parts, to represent this material, it has no place being used for your Ballscrew supports, on a machine like this, it could be used as an insert, around the Ball-Nut, but your main housing needs to be steel or a high strength cast, the same as the other main parts, they only make the Toughtmet material for bushings, so comes in round stock or tubing, you need some big blocks by your drawing, this may be hard to get or even cost prohibitive
As for your Ballscrew cooling, NSK link, again this is not what you are using so you can not compare to the NSK testing on a 50mm ballscrew to your 32mm Ballscrew, plus the speeds they where testing at you will never reach this speed, they also have direct cooling inside the Ball Nut, your method would not give you the same results, it would be similar, do a study on thermal dynamics to see what method will work best in your design
All your water cooling system will be a logical nightmare, just remember this is your first build, just build a basic machine first, cool where it's needed, then see what changes need to be made for a production machine
Here is some basic's about thermal dynamics
https://study.com/academy/topic/unde...odynamics.html