[EDIT, typed this before Punx0r's recent clarification. In the standards of a
commercial product, I 100% agree with the tone of the summary -JLE]
Hey guys, this is not a place for arguments, and Punx0r you're being a tad provocative in phrasing this summary because that's not what the empirical and theoretical results show.
Air cooled open hubs have not been evidenced anywhere to be unreliable. As a potential motor manufacturer I'm nervous as heck to release a motor that is deliberately open to the external environment, but my own ebike has a vented hub motor with close to 10,000 km on it, which ride year round and only ever leave parked outside, on a marina dock exposed to all the salt water spray etc. And of all the drilled out side cover hubs we've sold, there hasn't been a single RMA associated with the drilling (much to my continual surprise).
And as for thermal mass being dead weight. Dead weight implies that it's not doing anything, but when you look at how the numbers crunch out it can have quite a surprising effect in real world scenarios that would otherwise lead to a motor overheating. When we've dealt with RMA'd motors that have burnt up, it's usually the result of users taking it on one particularly long climb with an extra load that just put it over the edge. And in those cases an extra kg or two of aluminum would have meant the motor happily absorbed the heat. Of course it's silly to design a motor with just extra thermal mass, you might as well make that into active steel+copper mass to get better motor efficiency while you are at it. But if you already have a given hub and want it to not burn up in a given high load scenario (like a single long hill climb on a trip, or a high intensity drag race) then it would be a surprisingly simple and effective strategy, even if counter-intuitive.
A wax that undergoes solid->liquid phase change might also prove really useful here. Have a look at this:
https://en.wikipedia.org/wiki/Phase-change_material
Most paraffins are on the order of 250 J/g, which means they'll absorb more heat in the solid->liquid state change than a similar amount of oil does going from 20oC to 150oC.
For an as-manufactured motor though, this sealed hub approach with FF to thermally link the stator to the shell for easier external air cooling is hands down looking like the best all-around solution. But for modders trying to really push power boundaries, the other techniques would perform better (thermal mass for short term power limits, externally circulated liquid cooling for long term power limits).
Punx0r said:
Air-cooled sealed hub = winning
Air-cooled open hub = unreliable
Sealed hub with non-structural thermal mass = dead weight
Water-cooled with pipes, hoses, pump & external radiator = dead weight, expensive & unreliable