"I guess if the fan goes, it will tear up the radiator and everything else, but I suppose it would do the same thing if it was 1" from the radiator."
If the fan goes it will most likely sling outward. I had one go through the inner fender slicing the head light wires as it went. A guy on another forum recently had one go through his hood.
This would be a good time for the warning about staying clear of a fan's path of destruction when you're bent over a fender revving an engine.