I just did a test on this yesterday with my 30 foot CFC and the answer is yes - the wort should get to virtually the same temp as your tap water. I have a Blichmann Thrumometer and my wort came out at 76F with the hose on full blast and 74F if I restricted the wort flow to increase contact time. Then after it was done, I used an adapter to run the hose into the top of the CFC to flush it out and the Thrumometer read 74F. In winter a different story - same as bradsul - I only turn it on a trickle. But yesterday the air temperature was in the 90s, so I was lucky to get the wort down to 74F.