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I recommend XP anyways, and that video card is a tad outdated. Other than that is looks fine and I'd say it is worth 550$ as long as it is easily upgradeable.
Some would say "But-but the DX10!!", which is bull, there are not many visually impressive games that make full and good use of DX10 yet and those who do would tax your gpu and RAM too much anyhow.