I know this is an old thread, but why couldn't you just design a catch system in you duct and plumb it to a drain? I understand it wouldn't work if you have baseboard or floor heating, but if you are using a forced air system in a basement I would think that you could have enough verticle run of non-insulated duct to gather most of the moisture before entering a insulated duct. Maybe i'm way off.
Yes, you could do that. But forced-air systems are only a subset - lots of boilers are plumbed into hydronic systems, and even more new installations because they can do radiant sub-floor installations.
For the forcer-air heat exchanger inserts you still have to deal with the efficiency issue. You need a very long, large loop buried quite a bit underground - 6' is ideal according to many of the sites I've read (I had planned to do this myself). Otherwise the water doesn't really get cold enough - 55-60 is "cool", but not "cold" - a modern A/C chiller will get down to 45 or less, cooling much more quickly. That doesn't have to be a blocker, but it's worth thinking about. (It's like heating - you can run your baseboards at 145, but they're MEANT to be run at 175+, so they take a lot longer to heat if you don't do that.)
Maintenance is also a pain if you get a leak. Most of the people I saw who posted about this online ended up putting in supply/return manifolds with individual valves, and 3-6 (4 seemed most common) isolated loops in the buried portion. That way if there was a leak they planned to just shut off that one line and leave it.
I ended up skipping the whole thing. A local veteran's benefit store was selling window units in pretty decent shape for $50-$75 apiece. When I added those up and included the cost of electricity for running them for 3 years (and these are really low EER units), and compared that to the cost of renting digging equipment, buying the piping and manifolds plus the extra pump, the electricity to run the PUMP, the heat exchangers, etc., the math just didn't work. Maybe it would if you happen to have that stuff lying around?
Interesting idea: one guy didn't bury his - he sank the loops into a pond. Plenty of thermal mass and no digging. There's an idea.