What to look for in U-pull Magnum?

9 out of 10 aren't cracked enough to go into water jackets. Most of the time from what I hear, there is no guarantee they will ever hit water. Folks tend to sensationalize this.

If they aren't visibly wet, run that sh*t.

The only experience I can speak from is my own, and I would agree with your statement. I can say however, mine did consume a little coolant, but only when the lead deposits in my right foot were more than normal. My brother has a 2000 Ram 1500 with a 5.2 5 speed...he said basically the same thing...only seems to consume coolant when he's in it hard, and only enough to be noticed after an oil change.

If it's enough of a concern, spring for a set of EQ magnums.